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1448 Thurston Avenue
Honolulu, HI 96822
$5,000,000
Property Type
Multi-Family
Beds
Baths
Parking
16
Balcony
No
Basic Info
- MLS Number: 202323692
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: PUNCHBOWL AREA
- TMK: 1-2-4-15-70
- Annual Tax Amount: $3507.96/year
Property description
10924
5000.00
This investment opportunity in the heart of Punchbowl, just minutes from downtown, has never been offered for sale until now. It is conveniently located near schools, universities, hospitals, shopping, entertainment and recreation, with freeway on- and off-ramps nearby. The 3-story walk-up is comprised of 15 1-bed/1-bath units and one 2-bed/2-bath unit, each with a read more private lanai and assigned covered parking. This well-maintained building is self-managed, and has enjoyed an average 12-year tenancy per unit. Since 2020, seven apartments have been updated as tenants have vacated. The property also benefits from community coin laundry, individually metered electricity (tenant-paid), and an on-site resident manager. Below market rents offer an investor the opportunity for increased revenue. Listing brochure in Supplements includes financials and rent roll; buyer to conduct their own due diligence. Do not enter property or disturb tenants.
Construction Materials: Concrete,Hollow Tile,Other
Flooring:
Inclusion
Honolulu, HI 96822
Mortgage Calculator
$11611 per month
Architectural Style: | N/A |
Flood Zone: | Zone X |
Land Tenure: | FS - Fee Simple |
Major Area: | Metro |
Market Status: | Active Under Contract |
Unit Features: | N/A |
Unit View: | City |
Amenities: | Resident Manager |
Association Community Name: | N/A |
Easements: | None |
Internet Automated Valuation: | 1 |
Latitude: | 21.3067127 |
Longitude: | -157.8463831 |
Listing Service: | Full Service |
Lot Features: | Clear |
Lot Size Area: | 5000.00 |
MLS Area Major: | Metro |
Parking Features: | Assigned,Covered |
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: | Gentle Slope |
Utilities: | Cable,Internet,Overhead Electricity,Public Water,Telephone,Water |
View: | City |
YearBuilt: | 1963 |
987233