2956 Varsity Honolulu HI 96826 · Neighborhood: Moiliili · Region: Metro · MLS: 1114002 · TMK: 1-2-8-025-009-0000 & History 

Show all 7 photos. Updated 11/25/2011 5:55:44 PM
Inactive. Last Sold for 1,210,000 FS on 3/21/2012
Location
Type: Multi Family Home
Region: Metro
Neigh: Moiliili
2956 Varsity
Honolulu HI 96826
Area
Building sf:3,879
Land sf:5,793
Land acres:0.133
Other
Parking:5
Built:1953
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:6
2 Bedroom Units:2
3 Bedroom Units:0
Com space:0
Total Units:8
Financials
Rental Income:84,060
Expenses:(21,407)
Net Operating Income:62,653
Other Income:0
Total Income:84,060
Remarks
Seller:Convenient location in walking distance to UH. 6 - 1 bedroom units in 1st building, built in 1953 and 2 - 2 bedroom units in 2nd building, built in 1959! Total 8 units! Washer hook up available to each unit! Rent can be raised and there have been some interior renovations! With low interest rate right now, this is very attractive investment property. Please Do Not bother or disturb tenants.Buyer:Thank you for smooth transaction
Property Features
Amenities
None

Building Type
Apartments
Multi Dwellings

Condition
Average

Construction
Hollow Tile
Single Wall
Slab
Wood Frame

Disclosures
None

Documents
Inventory
Lease Documents
Survey

Easements
None

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

Frontage

Furnished
Partial

Land Recorded
Land Court

Laundry
Space

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Gas

Listing Broker
Five Star Realty, Inc.

Location
Lot Description
Clear
Irregular

Meters
Electric
Gas
Individual
Water

Parking Guest
None

Parking Tenant
Assigned
Open
Possession
Close of Escrow
Subject To Tenancy

Recreation Facility
None

Roof
Aluminum/Steel
Composition

Sale Conditions
None

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography
Level

Utilities
Connected
Gas
Overhead Electricity
Telephone
Water

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:Five Star Realty
Management Company Phone:
 
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
Land771,900
Improvement196,600
Exemption0
Total968,500
Monthly Tax2,970
52 Days on MarketKey DatesPricing
Year Built:1953
Original List:1,299,000 FS
Listed:11/25/20111,299,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:3/21/2012
Temp withdrawn:
Withdrawn:
Back on Market:1/16/2012
Status change:3/21/2012
Last Modified:3/21/2012
Contingency:1/16/2012
Pending:1/16/2012
Conditional:
Sold:3/21/20121,210,000 FS
Concessions:(0)  
Net SP:1,210,000 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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