hawaiihome.cc
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?
 
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MLS
Public
Single Family
Single Family
naProperty Type
Sub Type
98-161 Kaluamoi Pl98-161 Kaluamoi Pl
Pearl City HI 96782Pearl City Hawaii 96782
Pearl City WaimaluAiea
naWaimalu Elem
naAiea Int
naAiea High
Aiea-Moanalua-RadfordComplex
Public SchoolsRank
Private SchoolGuide
nana Builder
MLS 202306615TMK 1-9-8-21-18Property ID
80 Bedrooms
40 Full Baths
00Half Baths
40Total baths
0Rooms
4na Parking
2,6962,696 Interior sf
0 Lanai sf
Other roofed sf
2,696Total sf
631 Gar/Cpt sf
5,0005,000 Land sf
$995,000 3/24/2023Original list
Sold Status
$1,105,000 Sold price
Fee SimpleFee SimpleTenure
NoFractional
1959naYear built
0 naRemodeled
$ 0
$ 0
$ 0
$ 0
Includes:
AOAO fee
AOAO other
Maint fee
AOAO total fees
Ocean View
LevelTopography
ClearLand Features
Regular SystemRecorded
R-5 Residential DistrictR-5Zoning
Zone - XFlood
InsideLocation
City & CountySetbacks
DrainageEasements
AverageCondition
Laminate
Vinyl
W/W Carpet
Flooring
Asphalt ShingleRoof
Ceiling Fan
Range/Oven
Refrigerator
WTRHTR
Inclusions
naExclusions
NonePool
naSecurity
naAmenities
naFrontage
Multiple Dwellingsna
Stories
Units
Architecture
naModel
Paved RdRoad
WaterUtilities
Above Ground
Brick
Concrete
Single Wall
Slab
Materials
TwoStoriesType
See RemarksDisclosures
00Public Report
3 Car+
Carport
Parking
naAOAO Name
naAOAO Ph
naManagement Co Name
naManagement Co Ph
ConventionalBuyer Financing
na1st Mortgagor
na1st Mortgage
na2nd Mortgagor
na2nd Mortgage
No/naForeclosure/Case#
20232020Property tax year
$ 894,000$ 703,400Land assessed
$ 80,600$ 81,500Building assessed
$ 0$ 0Home owner exemption
$ 974,600$ 784,900Total assessed RPAD
$ 284$ 229Tax per month rates
0Total rent
Building Permits
At ClosingPossession
NoneSpecial
Cash
Conventional
VA
Financing
naFurnished
NoNew development
MonthlyCost to own estimate:
$ 284Real Property Tax
$ 0Association Fee
$ 0Lease Rent
$ 284Cost to own
(ex Mortgage, Ins & Elec)
3/23/2023Active
3/24/2023Price change
naContinue to show
naPending
naTemp withdrawn
naBack on market
naWithdrawn
5/10/2023Off market
5/10/2023Status change
naAdvertise
naAuction
Keller Williams HonoluluListing Brokerage Firm
3/22/2023Photos uploaded
3/29/2023Supplement Mod
hawaiihome.cc © is provided by
Hawaii Home + Commercial LLC
1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
DCCA PV License # RB-20174
 

Click for the BBB Business Review of this Real Estate in Honolulu HI
 
Principal Broker
Robin Charles Glass (R), MBA, eng.
DCCA PV License # RB-20173
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
 
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