Honolulu, HI 96814,735 Birch ST
Listed by Sunwide Properties
Bought with Locations LLC
$1,950,000
Est. payment /mo
$2,099,000
7.1%
Est.Price: ?

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SOLD DATE : 10/13/2023

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ala Moana

MLS Listing ID 202311374

Sold Date 10/13/23

Construction Status Good Condition

HOA Y/N No

Year Built 1990

Annual Tax Amount $6,579

Property Description

Great Opportunity to build a 30 unit rental building in a prime location near Ala Moana Center in the heart of urban Honolulu. WalkScore gives the property a 98/100 as there are so many stores, restaurants, and jobs nearby. The property has been approved by the sewer department for 30 units. Architectural renderings are for illustrative purposes only. Bill 7 encourages new multifamily development by offering huge fee waivers for water, sewer, permits, and 10 years of property tax abatement for a new building! The existing 3 unit apartment building features a 3 bedroom 2 bath on the ground floor and on the second floor there is 2 bedroom, 2 bath and a 1 bedroom, 1 bath. Each unit is separately metered for electric and water and has its own washer and dryer. There is a total of 7 parking stalls. Depending on the layout of the new building, it is possible to increase the number of parking stalls.

Location

State HI

County Oahu

Area Metro

Interior

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Assigned

Community Features None

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

View Y/N No

View None

Parking Type Assigned

Total Parking Spaces 7

Building

Lot Description Cleared, Level

Entry Level Two

Sewer Connected

Water Public

Level or Stories Two

Construction Status Good Condition

Others

Tax ID 1-2-3-014-021-0000

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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