"Condo Developers Dream". To be sold together with adjacent parcels #12 & #19, total land area 25,632 sq ft. Total four income producing rental homes. Highest and best use could be to develop out the land with condominiums and sell the units independently. Zoned RM-1.0 Multi-Family Parcel # 19 zoned RM-.75 Currrent monthly incomes for all 4 rental homes: 349 Ponahawai $1150, 353 Ponahawai $1250, 208 Kapiolani $1093, 214 Kapiolani $1458 = $4,951 monthly/ $59,412 annual income. All three contiguous parcels form an "L" shape with entries at both Ponahawai & Kapiolani Streets. Please do not disturb tenants. No signs posted.
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