Bought with Compass
$1,660,000
$1,695,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
4,362 SqFt
SOLD DATE : 12/22/2021
Key Details
Sold Price $1,660,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,362 sqft
Price per Sqft $380
Subdivision Nuuanu Area
MLS Listing ID 202121866
Sold Date 12/22/21
Style Multiplex
Bedrooms 7
Full Baths 6
Half Baths 1
Construction Status Average Condition
HOA Y/N No
Year Built 1938
Annual Tax Amount $5,160
Property Description
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.
Location
State HI
County Oahu
Area Metro
Interior
Flooring Carpet, Ceramic Tile, Laminate
Fireplace No
Exterior
Garage Three or more Spaces
Pool None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s)
Parking Type Three or more Spaces
Total Parking Spaces 6
Building
Lot Description Cleared, Interior Lot
Entry Level Two
Foundation Slab
Water Public
Architectural Style Multiplex
Level or Stories Two
New Construction No
Construction Status Average Condition
Others
Tax ID 1-2-2-036-045-0000
Financing Conventional
Special Listing Condition None
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