216 Iolani Honolulu HI 96813 · Neighborhood: Punchbowl Area · Region: Metro · MLS: 201334573 · TMK: 1-2-2-003-020-0000 & History 

Show all 10 photos. Updated 10/24/2013 2:40:34 PM
Inactive. Last Sold for 1,400,000 FS on 12/27/2013
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl Area
216 Iolani
Honolulu HI 96813
Area
Building sf:4,488
Land sf:10,486
Land acres:0.241
Other
Parking:7
Built:1930
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:7
3 Bedroom Units:0
Com space:0
Total Units:7
Financials
Rental Income:8,800
Expenses:(36,960)
Net Operating Income:68,640
Other Income:0
Total Income:105,600
Remarks
Seller:7 charming cottages with 7 parking stalls. Each cottage is 2 bedroom, 1 bath, with wood floors, individual electrical and gas meters, and old world charm. Electrical for each unit upgraged in 2008, service main not upgraded. One water meter for entire property. Net income is proforma. Property could use some upgrading.Buyer:
Property Features
Amenities
None

Building Type
Multi Dwellings

Condition
Fair

Construction
Above Ground
Concrete
Wood Frame

Disclosures
Property Disclosure Stmt

Documents
Other

Easements
Other

Expense Income
Other
Fee

Frontage
Other

Furnished
Partial

Land Recorded
Regular System

Laundry
Individual

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity
Gas

Listing Broker
Shirokiya Residential Estates

Location
Lot Description
Other

Meters
Electric
Gas
Water

Parking Guest
None

Parking Tenant
Assigned
Covered
Possession
At Closing
Subject To Tenancy

Recreation Facility

Roof
Composition

Sale Conditions
None

Set Backs
Of Record
Sewer
Connected

Stories
One

Terms Offered
Other

Terms Sold
Cash

Topography
Terraced

Utilities
Gas
Overhead Electricity
Public Water
Telephone

View
City
Other

Zoning
More Information
Contact listProp Mgt
Management Company:
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: 2013Assessed
Land1,363,200
Improvement240,400
Exemption0
Total1,603,600
Monthly Tax468
1 Days on MarketKey DatesPricing
Year Built:1930
Original List:1,490,000 FS
Listed:10/24/20131,490,000 FS
Advertise:
Auction:
Price change:10/24/2013
Temp off Market:
Off Market:12/27/2013
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:12/27/2013
Last Modified:12/27/2013
Contingency:10/25/2013
Pending:12/26/2013
Conditional:
Sold:12/27/20131,400,000 FS
Concessions:(0)  
Net SP:1,400,000 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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