Bought with Anna International Realty
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,828 sqft
Price per Sqft $601
Subdivision Makiki Area
MLS Listing ID 202321294
Sold Date 04/02/24
Style Detached
Bedrooms 3
Full Baths 2
Construction Status Average Condition
HOA Y/N No
Year Built 1949
Annual Tax Amount $11,333
Property Description
Many options for you on this property. First you can build a 32 unit Bill 7 Apartment Complex because this is an apartment zoned parcel. What's even better is the owner already has the plans and open building permit ready to go! All you have to do is get your HUI together and start getting bids for contractors. If you have a heart for helping others and want to build more affordable housing in Honolulu and take advantage of the Bill 7 benefits then this project is for you! Over $200K was spent on the due diligence, plans, and permitting. Second, you can restore this beautiful home that should be considered as a historic site in Makiki. Back in the day this property hosted many soirees. Third, you can knock down and build your own family compound. It is possible to package this parcel with the parcel to the left of the subject property and redevelop into a family compound or multi-family dwelling as a Bill 7/non-Bill 7. Use one parcel as parking and a larger dwelling can be built on the adjacent lot.
Location
State HI
County Oahu
Area Metro
Interior
Flooring Other
Furnishings Partially
Fireplace No
Exterior
Garage Carport, Two Car Garage, Two Spaces
Garage Spaces 2.0
Garage Description 2.0
Pool None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Phone Available, Water Available
View Y/N No
View None
Parking Type Carport, Two Car Garage, Two Spaces
Total Parking Spaces 2
Building
Lot Description Cleared, Other, Level
Entry Level One
Foundation Slab
Architectural Style Detached
Level or Stories One
New Construction No
Construction Status Average Condition
Others
Tax ID 1-2-4-019-082-0000
Financing Cash
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP