448 Kaiolu Street, Honolulu, HI 96815

$4,250,000
List Price
$4,250,000
Status
ACTIVE
Type
Multifamily
MLS#
202406965
Days on Market
115
Land Area
6,241
Year Built
1953
Year Remodeled
2024
Neighborhood
Waikiki
Land Tenure
FS - Fee Simple

Property Description

Prize property completely renovated with stellar income in Waikiki. Look no further for a turn-key investment in the heart of Waikiki with excellent walkability scores--shops and restaurants, transportation, and world-famous Waikiki Beach, blocks from this gem. Eleven one-bedroom units meticulously refurbished for maximum rentability and 100% occupied. All units separately metered for electricity and tenants pay their own. Owned coin laundry. Add'l income from parking fee included in rent. Buyer to accept existing survey to be provided in due diligence package with accepted offer.

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
View
None
Easements
Electric, Other
Parking Total
4
Tenants Responsibilities Include
Cable TV, Electricity, Parking
Sqft Building
5258
Lot Size
6,241
Unit One Bed Number Of
11
Construction Materials
Concrete
Mls Area Major
Metro
Neighborhood
Waikiki
Frontage
Other
Furnished
Partial
Year Built
1953
Year Remodeled
2024
Tax Amount
$445
Total Income
275280
Sewer
Connected
Roof
Custom/Specialty
Recreation Facilities
None
Parking Features
Assigned
Lot Features
Clear
Amenities
Secured Lobby
Total Annual Operating Expenses
47376
Assessed Total
2435300
Assessed Improvement
300900
Assessed Land
2134400
Zoning
X2 - Apartment Precinct

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

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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