940 Spencer Honolulu HI 96822 · Neighborhood: Punchbowl Area · Region: Metro · MLS: 201400845 · TMK: 1-2-4-015-019-0000 & History 

Show all 19 photos. Updated 1/29/2014 1:17:50 PM
Inactive. Last Sold for 2,200,000 FS on 7/11/2014
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl Area
940 Spencer
Honolulu HI 96822
Area
Building sf:4,442
Land sf:16,448
Land acres:0.378
Other
Parking:12
Built:1952
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:1
1 Bedroom Units:4
2 Bedroom Units:0
3 Bedroom Units:2
Com space:0
Total Units:7
Financials
Rental Income:78,980
Expenses:(32,248)
Net Operating Income:47,541
Other Income:809
Total Income:79,789
Remarks
Seller:GREAT OPPORTUNITY FOR NEW DEVELOPMENT - ZONED A-2. Existing buildings on property built in 1952 are a six unit two story apartment complex located on Spencer Street and a three bedroom home at top of property with a slight uphill slope. Convenient location, close to bus lines.Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Masonry/Stucco
Slab

Disclosures
Call Listor

Documents

Easements
None

Expense Income
Other
Fee

Frontage
Other

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity

Listing Broker
Realty Edge, Inc.

Location
Lot Description
Irregular

Meters
Electric

Parking Guest
None

Parking Tenant
Covered
Open
Possession
At Closing

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions
None

Set Backs
CandC
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional
Exchange

Terms Sold

Topography
Up Slope

Utilities
Public Water
Sewer Fee
Telephone

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:None
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
Land2,302,700
Improvement272,700
Exemption0
Total2,575,400
Monthly Tax752
91 Days on MarketKey DatesPricing
Year Built:1952
Original List:2,490,000 FS
Listed:1/17/20142,299,000 FS
Advertise:
Auction:
Price change:3/17/2014
Temp off Market:
Off Market:5/15/2014
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:7/11/2014
Last Modified:7/11/2014
Contingency:4/18/2014
Pending:
Conditional:
Sold:7/11/20142,200,000 FS
Concessions:(0)  
Net SP:2,200,000 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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