Bought with Coldwell Banker Realty
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,798,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Waimalu
MLS Listing ID 202125564
Sold Date 02/25/22
Construction Status Excellent
HOA Y/N No
Year Built 1961
Annual Tax Amount $4,462
Property Description
5.72% cap rate return on ACTUAL INCOME AND EXPENSES. Rarely available apartment building in desirable excellent location with excellent access to Pearlridge and coming rail station. Solid investment with proven return, seasoned rents, and better than 1:1 parking. All units are separately metered and have their own full-sized washer dryers, and 2 coin machines, all owned. Hollow tile 2 story with concrete roof. Electric updated to 90amps; surveillance system. See matterport for 2 units showing. No showings without an accepted offer.
Location
State HI
County Oahu
Area Pearlcity
Interior
Furnishings Partially
Fireplace No
Appliance Dryer
Laundry Coin-operated, In Unit
Exterior
Garage Assigned, Open
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View Y/N No
View None
Total Parking Spaces 10
Building
Lot Description Cleared, Cul-De-Sac, Interior Lot, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Excellent
Others
Tax ID 1-9-8-010-043-0000
Financing Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP