Bought with Locations LLC
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Key Details
Sold Price $3,415,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palolo
MLS Listing ID 202306592
Sold Date 04/01/24
Construction Status Average Condition,Good Condition
HOA Y/N No
Year Built 1969
Annual Tax Amount $13,908
Property Description
OFFERED below assessed Value. Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 10 open parking stalls. A large 13,965 sq ft lot with building size of 7,920 sq. ft. Each unit features exceptionally large living space with balcony or backyard with units own hot water tank. Building features a coin-operated laundry area for extra monthly income, separately metered electricity, and one sewer. Current rents are below market allowing a buyer to increase rents with some upgrades. Possible redeveloping option under Bill 7 to maximize the property's highest and best use. Ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops.
Location
State HI
County Oahu
Area Diamondhd
Rooms
Ensuite Laundry Coin-operated
Interior
Laundry Location Coin-operated
Furnishings Partially
Fireplace No
Laundry Coin-operated
Exterior
Garage Assigned, Open
Community Features None
Utilities Available Above Ground Utilities, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
View Y/N Yes
View Mountain(s)
Parking Type Assigned, Open
Total Parking Spaces 10
Building
Lot Description Interior Lot, Other, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition,Good Condition
Others
Tax ID 1-3-3-003-021-0000
Financing Cash
Special Listing Condition None
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