Bought with REMAX Hawaii
$1,800,000
$1,995,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/23/2026
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kapahulu
MLS Listing ID 202610118
Sold Date 10/23/26
Construction Status Excellent
HOA Y/N No
Year Built 1957
Annual Tax Amount $5,303
Property Sub-Type Multi Family
Property Description
Highly well-maintained 2-story, 6-unit apartment building ideally located near parks, shopping, and top-rated schools. The exterior of the property is in pristine condition, highlighted by fresh exterior paint and consistent pride of ownership. This investment offers immediate income with strong upside potential. Current rents are below market, and all leases are on a month-to-month basis, providing flexibility for future adjustments and increased returns. Units are well maintained, with an opportunity for a new owner to update and modernize interiors over time to further enhance value. Each unit includes smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. Kitchens feature stainless steel sinks, ceiling-height cabinetry, and built-in dining tables. Exterior improvements include a renovated 6-stall carport, secure vinyl fencing, coin-operated washer/dryers, tankless water heaters, and ample storage. Photocell and sensor lighting enhance safety and convenience. A compelling opportunity for investors seeking a well-cared-for asset with room to grow.
Location
State HI
County Oahu
Area Metro
Interior
Cooling Central Air
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Assigned, Covered, Open
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
View Y/N No
View None
Total Parking Spaces 8
Building
Lot Description Cleared, Dead End, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Excellent
Schools
Elementary Schools Ala Wai
High Schools Kaimuki
Others
Tax ID 1-2-7-035-095-0000
Financing Cash
Special Listing Condition None
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