MLS Number 202121866 For Sale

Let our Oahu real estate inspire you...

Looking for a lucrative investment opportunity with 6 units? Then look no further! This large lot comes with 2 seperate houses fully tenant occupied. For investors looking to optimize cash flow in Hawaii, where can you find a property with a Cap Rate over 4%? Located in the quiet and tranquil valley of Nu'uanu, you're a few minutes from the Pali for easy access into town or out to Kailua making this a highly desired rental area. Front House: 3 seperate units. Upstairs is (1) a 2bd/1.5ba and (2) a studio, and (3) a 2bd/1ba downstairs. Back House: 3 seperate units. Upstairs has (1) a 2 bd/1ba and (2) a studio, then downstairs is (3) a studio. Each house has its own water and electric meters. A well maintained yard seperates the houses, and a paved walkway with steps to traverse the property. The carport and driveway boast parking for 6. So come check out this great investment property to add to your cash flowing portfolio. Tmk info differs from actual. Listing information courtesy of Keller Williams Honolulu

Item Details (Information deemed reliable, but not guaranteed.)
Property Type Single Family
Bedrooms 7
Full Bathrooms 6
Half Bathrooms 1
Interior Living Area 4,362 sq. ft.
405.24 sq. m.
Open Lanai Area 180 sq. ft.
16.72 sq. m.
Total Area 4,542 sq. ft.
421.97 sq. m.
Garage/Carport Area 400 sq. ft.
37.16 sq. m.
Lot Size Area 0.229 acres
927.08 sq. m.
Year Built 1938
Year Remodeled 2021
Parking Total 6
Parking Type
  • 3 Car+
Property Condition Average
Utilities
  • Cable
  • Gas
  • Internet
  • Overhead Electricity
  • Public Water
  • Sewer Fee
  • Telephone
  • Water
Views
  • Mountain
Inclusions
  • Ceiling Fan
  • Dryer
  • Range Hood
  • Range/Oven
Exclusions
  • Other
Flooring
  • Ceramic Tile
  • Laminate
  • W/W Carpet
Item Details (Information deemed reliable, but not guaranteed.)
Architectural Style
  • Multiple Dwellings
Construction Materials
  • Concrete
  • Hollow Tile
  • Single Wall
  • Slab
Easements
  • None
Location Inside
Lot Features
  • Clear
Roof Asphalt Shingle
Stories Two
Item Details (Information deemed reliable, but not guaranteed.)
Current Price $1,695,000 FS - Fee Simple
Price / Sq. Ft. $388.58 / Sq. Ft.
Land Tenure FS - Fee Simple (You own the land.)
Tax Assessed Value $1,062,300
Tax Assessed Value Improvements $230,500
Tax Assessed Value Land $831,800
Tax Exemption Owner Occupancy $0
Tax Amount $430 / Month
Tax Year 2021
TMK (Tax Map Key) 1-2-2-036-045-0000
Item Details
City Honolulu
Neighborhood Nuuanu Area
Zip Code 96817
Zoning 05 - R-5 Residential District
Flood Zone Zone X

Map

Contact Request

Hi, I'm Sachiko Trillo, Oahu Realtor.

The idea of buying Oahu real estate can be overwhelming at times. I completely understand!

That's why, as your Realtor, I will:

  1. Take time to Listen carefully to you about your ideal home or condo.
  2. Thoroughly research and pin-point the perfect Oahu property.
  3. Guide you, step-by-step, through the entire purchase process.
Sachiko Trillo, Realtor

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