1120 Pua Lane
Honolulu, HI 96817

Added on 03/13/2024

Property Type

Multi-Family

Beds

Bedrooms

Baths

Bathroom

Parking

Parking 18

Balcony

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

Total Sqft Size 7170

Lot Size Area 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 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

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Alexander Vergara
Alexander Vergara

RA-86228

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Text or call +1 (509) 212-2791

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

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