1126 3rd Avenue
Honolulu, HI 96816
$2,700,000
Property Type
Multi-Family
Beds
Baths
Parking
17
Balcony
No
Basic Info
- MLS Number: 202306339
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: KAIMUKI
- TMK: 1-3-2-1-36
- Annual Tax Amount: $8306.16/year
Property description
4857
15000.00
Rare offering of a 15,000 sq.ft. parcel improved with three buildings and potential to build one more! Good income flow is already good from the 14 rentals and tenants are all very long term. Largest dwelling was built in 1931 and the other two in 1941. All are in good condition. This first home read more is a legal registered boarding house with 7 rented rooms, a large common kitchen, lockers for each tenant, high ceilings and storage underneath. 3 rooms have complete bathrooms inside the rooms, one has a half bath, and three share the two common toilet rooms/one shower stall room. All rooms have individual refrigerators and sinks. Some tenants do light cooking in their rooms. Under this building are two self-contained apartments (studio and one bedroom).
The two additional dwellings contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. Coin operated washers/dryers in laundry room.
The back parking lot has space to build a 4th structure by eliminating the garage + 2 parking stalls. You're still left with 14 stalls!
Location near schools and shopping is in high demand for tenants. Vacancy rate has been near ZERO these past 18 years!
Construction Materials: Single Wall,Slab,Wood Frame
Flooring:
Inclusion
Honolulu, HI 96816
Mortgage Calculator
$6270 per month
Architectural Style: | N/A |
Flood Zone: | Zone X |
Land Tenure: | FS - Fee Simple |
Major Area: | DiamondHd |
Market Status: | Active |
Unit Features: | N/A |
Unit View: | Garden |
Amenities: | A/C,Storage |
Association Community Name: | N/A |
Easements: | None |
Internet Automated Valuation: | 1 |
Latitude: | 21.2872005 |
Longitude: | -157.8100068 |
Listing Service: | Full Service |
Lot Features: | Clear |
Lot Size Area: | 15000.00 |
MLS Area Major: | DiamondHd |
Parking Features: | Assigned,Covered,Open |
Permit Address Internet: | 1 |
Pool Features: | N/A |
Property Condition: | Above Average |
Property Sub Type: | Multi-Family |
SQFT Garage Carport: | N/A |
SQFT Roofed Living: | N/A |
Stories Type: | One,Two |
Topography: | Down Slope,Gentle Slope |
Utilities: | Cable,Gas,Internet,Overhead Electricity,Public Water,Sewer Fee,Telephone,Water |
View: | Garden |
YearBuilt: | 1931 |
840910