1812 Algaroba Street Honolulu, HI 96826
Monthly Cost to Own | |
Maint. Fees: | $0.00 |
Property Tax: | $259.60 |
Lease Rent: | $0.00 |
Est. Mortgage: | $2,985.40 |
Total | $ 3,245.00 |
1812 Algaroba Street Honolulu, HI 96826
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Description: Here is it! 7 Units @ $185k per door!! $61k in NOI for a McCully apartment property! Some upside potential to increase NOI. This property is perfect for the investor looking to get started in the apartment market. The numbers work on this without having to put a 45%-50% down payment (like all the other apartment buildings). Concerned about limited parking? Most of current tenants bike, bus, walk, or Uber around (or find street parking). The property is one street from King St (Major bus line, Restaurants, Grocery, etc.) and draws renters from Downtown to Waikiki to UH Manoa due to the central location. |
Architectural Style: N/A |
Construction Materials: Double Wall,Single Wall,Wood Frame |
Flood Zone: Zone AE |
Flooring: N/A |
Inclusions: N/A |
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More Details |
Land Tenure: FS - Fee Simple |
Major Area: Metro |
Neighbourhood: MCCULLY |
Parking Total: 1 |
Market Status: Sold |
Unit Features: N/A |
Unit View: None |
Year Built: 1953 |