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Wahiawa,HI 96786
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Wahiawa Area
MLS Listing ID 202505014
Style Fourplex
Construction Status Good Condition
HOA Y/N No
Year Built 1934
Annual Tax Amount $13,632
Property Sub-Type Multi Family
Property Description
Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
Location
State HI
County Oahu
Community Other
Area Central
Interior
Fireplace No
Appliance Dryer,Washer
Laundry Coin-operated
Exterior
Parking Features Assigned,Open,Tandem
Community Features Other
Utilities Available Above Ground Utilities,Electricity Available,Sewer Available,Water Available,Sewer Connected
View Y/N No
View None
Total Parking Spaces 18
Building
Lot Description Corner Lot,Other,Level
Dwelling Type Duplex
Entry Level One,Two
Foundation Slab
Sewer Connected
Water Public
Architectural Style Fourplex
Level or Stories One,Two
Construction Status Good Condition
Others
Tax ID 1-7-3-002-026-0000
Special Listing Condition None