Honolulu, HI 96816,1126 3rd AVE
Listed by Sue Young
Bought with Harcourts Island Real Estate
$2,425,000
Est. payment /mo
$2,700,000
10.2%
Est.Price: ?

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SOLD DATE : 07/11/2023

Key Details

Sold Price $2,425,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kaimuki

MLS Listing ID 202306339

Sold Date 07/11/23

Construction Status Good Condition

HOA Y/N No

Year Built 1931

Annual Tax Amount $8,306

Property Description

Rare investment opportunity in popular Kaimuki offering a unique combination of a duplex, a triplex, and a two story large dwelling containing 7 rented rooms + 2 rental apartments underneath. 17 parking stalls is a huge bonus value. Property is 15,000 sq.ft. R-3.5 fee simple. Good net income and nearly 0% vacancy (past 18 years of management by listor).

Largest dwelling has 7 rented rooms, a large common kitchen, high ceilings and community storage underneath. 3 rooms have complete bathrooms inside the rooms, one has a half bath, and three share the two common toilet rooms/one shower stall room. All rooms have individual refrigerators and sinks. Under this building are two apartments (studio and one bedroom). The two additional buildings contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. 2 washers/2 dryers in coin operated laundry room. 2 electric meters/6 gas meters.

Remodeling the front dwelling to be an owner/occupant home for the buyer would create a 2nd triplex and more lending options. 7 apartment rentals would remain for income.

Three generations of the same family have enjoyed ownership the past 78 years.

Location

State HI

County Oahu

Community None, Storage Facilities

Area Diamondhd

Rooms

Ensuite Laundry Coin-operated, In Unit

Interior

Laundry Location Coin-operated,In Unit

Cooling Central Air

Furnishings Partially

Fireplace No

Laundry Coin-operated, In Unit

Exterior

Garage Assigned, Covered, Open

Community Features None, Storage Facilities

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 Yes

View Garden

Parking Type Assigned, Covered, Open

Total Parking Spaces 17

Building

Lot Description Cleared, Other

Entry Level One,Two

Foundation Slab

Sewer Connected

Water Public

Level or Stories One, Two

Construction Status Good Condition

Others

Tax ID 1-3-2-001-036-0000

Financing Conventional

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)
Lex Ferguson

Agent | License ID: RS-78101

+1(808) 277-4715 | lex@lifeonoahu.com

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