Honolulu, HI 96826,2202 Waiola ST
Listed by Locations LLC
Bought with Pacific Image Properties
$1,105,000
Est. payment /mo
$1,088,000
1.6%
Est.Price: ?

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SOLD DATE : 09/08/2023

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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Hawaii Central MLS (HiCentralMLS)
Lex Ferguson

Agent | License ID: RS-78101

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

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