Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu!
295 days
|
141
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2
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Zillow last checked:
Listing updated:
Listed by:
Marc T Kumai808-591-5660,
Ivy K Realty, LLC
Source: HiCentral MLS,MLS#: 202521549
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Parking
Total spaces: 8
Parking features: Assigned, Open
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Has view: Yes
View description: None
Lot
Features: Cleared, Level
Topography: Level
Details
Parcel number: 1940250270000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Hollow Tile, Single Wall, Wood Frame
Condition
Good Condition
Year built: 1961
Major remodel year: 1990
Utilities & green energy
Sewer: Connected
Water: Public
Utilities for property: Above Ground Utilities, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Connected
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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.
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