1085 Karratti Honolulu HI 96822 · Neighborhood: Makiki Area · Region: Metro · MLS: 1107700 · TMK: 1-2-4-018-011-0000 & History 

Show all 10 photos. Updated 6/23/2011 4:00:08 PM
Inactive. Last Sold for 995,000 FS on 9/8/2011
Location
Type: Multi Family Home
Region: Metro
Neigh: Makiki Area
1085 Karratti
Honolulu HI 96822
Area
Building sf:3,520
Land sf:7,033
Land acres:0.161
Other
Parking:6
Built:1959
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:2
2 Bedroom Units:4
3 Bedroom Units:0
Com space:0
Total Units:6
Financials
Rental Income:74,100
Expenses:(25,000)
Net Operating Income:49,100
Other Income:0
Total Income:74,100
Remarks
Seller:Excellent Location in Lower Makiki just Off Pensacola St., Makai of Wilder Ave. On Bus Line and Near to Schools, Shopping and the Freeway. Quiet Area with Predominantly Multi-Family Residential Units. Electricity is Individually Metered to Each Apartment. Great for Owner-Occupant with 5 Rentals, or Opportunity for Investor to Adjust Rents to the Current Market. Some Cosmetic Deferred Maintenance.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Hollow Tile
Single Wall
Slab

Disclosures
Pet on Property
Property Disclosure Stmt

Documents
Building Plans
Title Search

Easements
None

Expense Income
Excise Tax
Insurance
Mgmt Fee
Other
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage

Furnished

Land Recorded
Regular System

Laundry
None

Land Tenure
FS - Fee Simple

Lessee Pays
AC
Cable TV
Electricity

Listing Broker
Real Estate Trading Corp.

Location
Lot Description
Other

Meters
Electric
Individual

Parking Guest
<10 Spaces

Parking Tenant
Assigned
Open
Possession
Close of Escrow

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography
Level

Utilities

View
City

Zoning
More Information
Contact listProp Mgt
Management Company:R.E. Manager Co.
Management Company Phone:(808) 753-3466
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2011Assessed
Land751,500
Improvement193,700
Exemption0
Total945,200
Monthly Tax3,454
11 Days on MarketKey DatesPricing
Year Built:1959
Original List:1,250,000 FS
Listed:6/20/20111,250,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:9/8/2011
Temp withdrawn:
Withdrawn:
Back on Market:7/1/2011
Status change:9/16/2011
Last Modified:9/16/2011
Contingency:7/1/2011
Pending:7/1/2011
Conditional:
Sold:9/8/2011995,000 FS
Concessions:(10,000)  
Net SP:985,000 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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