Bought with Pacific Image Properties
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Key Details
Sold Price $1,105,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202309635
Sold Date 09/08/23
Construction Status Average Condition
HOA Y/N No
Year Built 1965
Annual Tax Amount $3,864
Property Description
$200,000+ price reduction!!! Seller says sell! Get it before it's gone. Good income property, pro-forma rent-roll is $72,000/yr ($6,000/mo) with 5.5% cap rate on gross income. Property also qualifies for Bill 7 development! 2 houses, total of 4 units. Front house features 3 units (two 1-bedrooms, one 2-bedroom) plus a garage that has been converted to a very nice 3rd bedroom. Back house has a 1-bedroom unit. Individually metered, Separate laundry facilities and yard. Excellent and convenient location! Across from the famous Waiola Shave Ice, near Old Stadium Park, University of Hawaii, library, restaurants, schools, bus line, and supermarkets. Must see, won't last long! Please see supplements for Bill 7 initial budgetary numbers and past rent roll. Buyer to do their own due diligence. Non-conforming, number of bedrooms does not match tax record. *One or more photos have been "enhanced."
Location
State HI
County Oahu
Area Metro
Interior
Fireplace No
Exterior
Garage Open
Community Features None
Utilities Available Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
View Y/N No
View None
Parking Type Open
Total Parking Spaces 3
Building
Lot Description Cleared, Other, Level
Entry Level One,Two
Foundation Slab
Sewer Connected
Water Public
Level or Stories One, Two
Construction Status Average Condition
Schools
Elementary Schools Lunalilo
Middle Schools Washington
High Schools Kaimuki
Others
Tax ID 1-2-7-007-019-0000
Financing Cash
Special Listing Condition None
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