Exceptional opportunity to acquire a well-maintained 11-unit concrete apartment building in the highly desirable Makiki neighborhood, directly across from Makiki District Park. This investment property features eleven renovated 1-bedroom, 1-bath units with dens, averaging approximately 644 sq. ft. each. Every unit includes a private lanai and one assigned parking stall, with abundant natural light, cool trade winds, and pleasant views. Residents enjoy the convenience of an on-site coin-operated laundry.
Ideally located just minutes from H-1 Freeway access, Punahou School, Maryknoll School, Kapiolani Medical Center, Shriners Children's Hawai?i, shopping, dining, and public transportation. Ownership has invested over $500,000 in recent capital improvements, reflecting pride of ownership and reducing near-term capital expenditure needs. Current rents are below market, providing an attractive value-add opportunity with future income growth potential. Fee Simple. Property to be sold in AS IS condition. Please do not disturb tenants.
41 days
|
104
|
9
|
Zillow last checked:
Listing updated:
Listed by:
Susan N Moore808-478-3590,
HI Choice Realty
Source: HiCentral MLS,MLS#: 202611622
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Appliances
Included: Dryer, Washer
Laundry: Coin-operated
Interior area
Total structure area: 7,084
Total interior livable area: 7,084 sqft
Property
Parking
Total spaces: 14
Parking features: Assigned, Covered, Open
Has uncovered spaces: Yes
Features
Levels: Three Or More
Has view: Yes
View description: City, Garden, Mountain(s), Sunrise
Frontage type: Other
Lot
Features: Cleared, Other, Level
Topography: Level
Details
Parcel number: 1240240300000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Hollow Tile, Concrete
Condition
Excellent
Year built: 1964
Major remodel year: 2023
Utilities & green energy
Sewer: Connected
Water: Public
Utilities for property: Cable Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.