1448 Thurston Avenue
Honolulu, HI 96822

Added on 11/15/2023

Property Type

Multi-Family

Beds

Bedrooms

Baths

Bathroom

Parking

Parking 16

Balcony

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

Total Sqft Size 10924

Lot Size Area 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 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

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Alexander Vergara
Alexander Vergara

RA-86228

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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

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