Bought with Honua Properties LLC
$1,600,000
$1,350,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
2,700 SqFt
SOLD DATE : 11/28/2022
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $592
Subdivision Palolo
MLS Listing ID 202220771
Sold Date 11/28/22
Style Cottage,Multiplex
Bedrooms 7
Full Baths 4
Construction Status Average Condition,Good Condition
HOA Y/N No
Year Built 1954
Annual Tax Amount $4,044
Property Description
Rare high cash flow investment property with 4 detached dwellings in Honolulu. You’ll appreciate 4 move-in ready units with 4 separate electric meters, washer and dryer hookups, 4 full kitchens and 4 parking. Consider the option of renovating to increase your cash flow. Rent out all 4 units as an income producing property or live in one and rent the others to supplement the mortgage. Located at the top of the hill this property boasts panoramic views of Waikiki and Honolulu, with privacy and cool tradewinds that everyone will enjoy. Watch stunning sunsets and vibrant Friday night fireworks from the living room and balcony. Minutes from Waialae Ave boasting favored local shops, restaurants and bars. These units will attract those who work in Waikiki and/or attend the University of Hawaii, Chaminade University and/or Kapiolani Community College. Where can you find an investment property in Honolulu with high rental demand and potential for high cash flow? Properties like these don’t last long. DO NOT DISTURB TENANTS IN UNITS A AND D DURING SHOWINGS OR OPEN HOUSES FOR ANY REASON.
Location
State HI
County Oahu
Area Diamondhd
Interior
Flooring Carpet, Laminate
Fireplace No
Exterior
Garage Boat, Carport, Three or more Spaces
Pool None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available
View Y/N Yes
View City, Mountain(s), Ocean, Sunset
Parking Type Boat, Carport, Three or more Spaces
Total Parking Spaces 4
Building
Lot Description Flag Lot, Interior Lot, Steep Slope
Entry Level One,Two
Water Public
Architectural Style Cottage, Multiplex
Level or Stories One, Two
New Construction No
Construction Status Average Condition,Good Condition
Others
Tax ID 1-3-3-034-010-0000
Financing Conventional
Special Listing Condition None
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