2106 Young Street, Honolulu, HI 96826

$2,495,000
List Price
$2,495,000
Status
ACTIVE
Type
Multifamily
MLS#
202310146
Price Change
▼ $105,000 1687219181
Days on Market
150
Land Area
3,854
Year Built
2005
Neighborhood
Moiliili
Land Tenure
FS - Fee Simple

Property Description

MOTIVATED SELLER! Extremely versatile, well thought out mixed use building with PV panels! Currently there are 6 residential units, 4 studios, a 1/1, a 2/1, and one commercial space. This property can remain 6 residential units w/1 commercial space or it can easily be converted to 4 total units with existing adjoining doors. 5 of the 6 residential units currently have washer/dryers in them, and all have hookups. The downstairs commercial unit has a roll up door, and as you walk up the center staircase there are 2 units that each have french doors which could be perfect welcoming reception areas if leased to businesses. Whatever you choose, this is an amazing property and location to add to your investment portfolio. OPPORTUNITY FOR A 6% CAP RATE WHEN FULLY RENTED. Owner is occupying 2 of the 7 units. DO NOT GO ON PROPERTY OR DISTURB TENANTS. BY APPOINTMENT ONLY WITH LISTOR PRESENT

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
View
City, Mountain
Easements
None
Parking Total
9
Tenants Responsibilities Include
Electricity
Sqft Building
3082
Lot Size
3,854
Unit One Bed Number Of
1
Construction Materials
Steel Frame
Mls Area Major
Metro
Neighborhood
Moiliili
Studio Units Number Of
4
Frontage
Other
Furnished
Partial
Year Built
2005
Tax Amount
$1,686
Total Income
87300
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Other
Recreation Facilities
None
Parking Features
Assigned
Lot Features
Other
Amenities
A/C, ADA Compliant, Storage
Total Annual Operating Expenses
30098
Assessed Total
1715300
Assessed Improvement
539800
Assessed Land
1175500
Zoning
33 - BMX-3 Community Business M

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX ALOHA HOMES.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 393-9966