303 Wai Nani Way, Honolulu, HI 96815

$3,350,000
List Price
$3,350,000
Status
ACTIVE
Type
Multifamily
MLS#
202324062
Price Change
▼ $150,000 1707123089
Days on Market
272
Land Area
7,103
Year Built
1939
Year Remodeled
2015
Neighborhood
Waikiki
Land Tenure
FS - Fee Simple

Property Description

Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.

Additional Information

Island
Oahu
Stories Type
One
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
View
None
Easements
Electric
Parking Total
6
Tenants Responsibilities Include
Cable TV, Electricity, Other, Water
Sqft Building
2988
Elementary School
Jefferson
Middle School
Washington
High School
Kaimuki
Lot Size
7,103
Construction Materials
Above Ground, Single Wall, Wood Frame
Mls Area Major
Metro
Neighborhood
Waikiki
Frontage
Other
Year Built
1939
Year Remodeled
2015
Tax Amount
$548
Total Income
128100
Sewer
Connected
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Assigned, Covered, Open, Tandem
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
17441
Unit Three Bed Number Of
4
Assessed Total
1881800
Assessed Improvement
219700
Assessed Land
1662100
Zoning
X2 - Apartment Precinct

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Gloria Chi Realty Inc..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 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.

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