1812 Algaroba Street Honolulu, HI 96826
Details
Asking Price: $1,298,000.00
MLS Number: 201809364
TMK: 1-2-3-28-24
Living Space: 2340 / s.f. | 217.39 / m²
$554.70 / s.f. |  $51.53 / m²
Beds:
Baths:
Balcony: No
Built: 1953
Parking: 1
Maintenance (HOA) Fees: N/A
Property Tax: $259.60 /month
Est. Mortgage:
Close Date: 07/11/2018
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

More Details
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

Contact Us

Call us at 808-391-9771 , or submit a message below.

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