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| mazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants. | What will it cost to own? | |
| MLS | Public |  | Single Family Single Family | na | Property Type Sub Type | | 98-161 Kaluamoi Pl | 98-161 Kaluamoi Pl |  | | Pearl City HI 96782 | Pearl City Hawaii 96782 | | | Pearl City Waimalu | Aiea | | | na | Waimalu Elem |  | | na | Aiea Int | | | na | Aiea High | | | Aiea-Moanalua-Radford | Complex | | Public Schools | Rank | | Private School | Guide | | na | na | Builder | | MLS 202306615 | TMK 1-9-8-21-18 | Property ID | | 8 | 0 | Bedrooms | | 4 | 0 | Full Baths | | 0 | 0 | Half Baths | | 4 | 0 | Total baths | | 0 | | Rooms | | 4 | na | Parking | | 2,696 | 2,696 | Interior sf | | 0 | | Lanai sf | | | Other roofed sf | | 2,696 | | Total sf | | 631 | | Gar/Cpt sf | | 5,000 | 5,000 | Land sf | | $995,000 3/24/2023 | | Original list | | Sold | | Status | |
$1,105,000
| | Sold price | | Fee Simple | Fee Simple | Tenure | | No | | Fractional | | 1959 | na | Year built | | 0 na | | Remodeled | $ 0 $ 0 $ 0 $ 0 Includes: | | AOAO fee AOAO other Maint fee AOAO total fees | | Ocean | | View | | Level | | Topography | | Clear | | Land Features | | Regular System | | Recorded | | R-5 Residential District | R-5 | Zoning | | Zone - X | | Flood | | Inside | | Location | | City & County | | Setbacks | | Drainage | | Easements | | Average | | Condition | Laminate Vinyl W/W Carpet | | Flooring | | Asphalt Shingle | | Roof | Ceiling Fan Range/Oven Refrigerator WTRHTR | | Inclusions | | na | | Exclusions | | None | | Pool | | na | | Security | | na | | Amenities | | na | | Frontage | | Multiple Dwellings | na Stories Units | Architecture | | na | | Model | | Paved Rd | | Road | | Water | | Utilities | Above Ground Brick Concrete Single Wall Slab | | Materials | | Two | | StoriesType | | See Remarks | | Disclosures | | 0 | 0 | Public Report | 3 Car+ Carport | | Parking | | na | | AOAO Name | | na | | AOAO Ph | | na | | Management Co Name | | na | | Management Co Ph | | Conventional | | Buyer Financing | | na | 1st Mortgagor | | na | 1st Mortgage | | na | 2nd Mortgagor | | na | 2nd Mortgage | | No/na | | Foreclosure/Case# | | 2023 | 2020 | Property tax year | | $ 894,000 | $ 703,400 | Land assessed | | $ 80,600 | $ 81,500 | Building assessed | | $ 0 | $ 0 | Home owner exemption | | $ 974,600 | $ 784,900 | Total assessed RPAD | | $ 284 | $ 229 | Tax per month rates | | 0 | | Total rent | | | Building Permits | | At Closing | | Possession | | None | | Special | Cash Conventional VA | | Financing | | na | | Furnished | | No | | New development | | Monthly | Cost to own estimate: | | $ 284 | Real Property Tax | | $ 0 | Association Fee | | $ 0 | Lease Rent | | $ 284 | Cost to own (ex Mortgage, Ins & Elec) | | 3/23/2023 | | Active | | 3/24/2023 | | Price change | | na | | Continue to show | | na | | Pending | | na | | Temp withdrawn | | na | | Back on market | | na | | Withdrawn | | 5/10/2023 | | Off market | | 5/10/2023 | | Status change | | na | | Advertise | | na | | Auction | | Keller Williams Honolulu | Listing Brokerage Firm | | 3/22/2023 | | Photos uploaded | | 3/29/2023 | | Supplement Mod |
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Hawaii Home + Commercial LLC
Principal Broker
Robin Charles Glass (R), MBA, eng.
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
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