OUTSTANDING VALUE AT JUST $200,000 PER UNIT! 5.4% CAP!!! Excellent opportunity to acquire a fee simple, 12-unit multifamily investment property in the desirable Punchbowl neighborhood! Featuring three separate fourplex buildings, each with four 1-bedroom, 1-bath units, on a 6,840 sq. ft. parcel. All 12 units are currently rented, providing an established income stream. Additional features include 4 parking stalls, separately metered electricity paid by tenants, coin-operated laundry facilities, and on-site storage for select units. Conveniently located near Downtown Honolulu, major employment centers, shopping, dining, and public transportation. An attractive investment opportunity at a compelling price per unit!
| MLS # | 202619361 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 12 |
| Listing Provided By | CBI Residential Advisory Svcs. | Alan J Christopher |
| SQ Feet | 4,712 |
|---|---|
| Story(s) | 2 |
| Units | 12 |
| Zoning | 12 - A-2 Medium Density Apartme |
| Property View | City |
| Construction Materials | Hollow Tile, Masonry, Concrete, Stucco |
|---|
| Community Features | None |
|---|
| Property | 6804 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96822 |
| Area | Oahu |
| Community Name | PUNCHBOWL AREA |
| Listing VS Median (in PUNCHBOWL AREA) | |
Price: $2,400,000 low | high Med: $422,000 sqft: 4,712 low | high Med: 718 $ / sqft: $509 low | high Med: $588 On site: 12 low | high Med: 69 | |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96822 |
| Area | Oahu |
| Community Name | PUNCHBOWL AREA |
| Listing VS Median (in PUNCHBOWL AREA) | |
Price: $2,400,000 low | high Med: $422,000 sqft: 4,712 low | high Med: 718 $ / sqft: $509 low | high Med: $588 On site: 12 low | high Med: 69 | |