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1120 Pua Lane
Honolulu, HI 96817
$699,000
Property Type
Multi-Family
Beds
Baths
Parking
18
Balcony
No
Basic Info
- MLS Number: 202403891
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: PALAMA
- TMK: 1-1-7-31-5
- Annual Tax Amount: $9600.00/year
Property description
7170
11500.00
CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five read more bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.
Construction Materials: Wood Frame
Flooring:
Inclusion
Honolulu, HI 96817
Mortgage Calculator
$1623 per month
Architectural Style: | N/A |
Flood Zone: | Zone X |
Land Tenure: | LH - Leasehold |
Major Area: | Metro |
Market Status: | Active Under Contract |
Unit Features: | N/A |
Unit View: | None,Other |
Amenities: | Fire Sprinkler,Resident Manager |
Association Community Name: | N/A |
Easements: | None |
Internet Automated Valuation: | 1 |
Latitude: | 21.3212378 |
Longitude: | -157.8649893 |
Listing Service: | Full Service |
Lot Features: | Clear |
Lot Size Area: | 11500.00 |
MLS Area Major: | Metro |
Parking Features: | Assigned,Open |
Permit Address Internet: | 1 |
Pool Features: | N/A |
Property Condition: | Average |
Property Sub Type: | Multi-Family |
SQFT Garage Carport: | N/A |
SQFT Roofed Living: | N/A |
Stories Type: | Three |
Topography: | Level |
Utilities: | Cable,Overhead Electricity,Public Water,Sewer Fee,Water |
View: | None,Other |
YearBuilt: | 1991 |
1057326