Pearl City, HI 96782,98-161 Kaluamoi PL
Listed by Keller Williams Honolulu
Bought with eXp Realty

$1,105,000

$995,000

11.1%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

2,696 SqFt


SOLD DATE : 05/10/2023

Key Details

Sold Price $1,105,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $409

Subdivision Waimalu

MLS Listing ID 202306615

Sold Date 05/10/23

Style Multiplex

Bedrooms 8

Full Baths 4

Construction Status Average Condition

Year Built 1959

Annual Tax Amount $3,408

Property Description

Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.

Location

State HI

County Oahu

Area Pearlcity

Interior

Flooring Carpet, Laminate, Vinyl

Fireplace No

Exterior

Parking Features Carport, Three or more Spaces

Pool None

Utilities Available Water Available

View Y/N Yes

View Ocean

Total Parking Spaces 4

Building

Lot Description Cleared, Interior Lot, Level

Entry Level Two

Foundation Slab

Architectural Style Multiplex

Level or Stories Two

New Construction No

Construction Status Average Condition

Others

Tax ID 1-9-8-021-018-0000

Financing Conventional

Special Listing Condition None

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