1126 3rd Avenue
Honolulu, HI 96816

Added on 03/23/2023

Property Type

Multi-Family

Beds

Bedrooms

Baths

Bathroom

Parking

Parking 17

Balcony

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

Total Sqft Size 4857

Lot Size Area 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 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

Ask An AlohanaRealty Agent a Question

Laurynn Paet
Laurynn Paet

RA-83545

Laurynn typically replies in about 30 minute

Text or call 808-773-3266

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

Contact An Agent

+ add a comment


840910