26 photos 
3536 Salt Lake Boulevard
Honolulu, HI 96818
$1,375,000
Monthly mortgage paymentsProperty Type
Multi-Family
Beds
Baths
Parking
8
Balcony
No
Basic Info
- MLS Number: 202308788
- HOA Fees:
- Maintenance Fees:
- Neighbourhood: ALIAMANU
- TMK: 1-1-1-18-5
- Annual Tax Amount: $3300.00/year
Property description
1800
7500.00
Fantastic opportunity to own one of the largest and lowest cost Bill 7 qualified properties in the Honolulu Metro area! Architectural rendering is for illustrative purposes only. Bill 7 encourages new multifamily development by offering huge fee waivers for water, sewer, permits and 10 years of property tax abatement for a new building! read more DPP has approved construction of an 8 unit (2br/1ba) apartment building. Larger (24 unit) build, inquire w/ DPP. Golf-course view for new apartment/condo building structure above 3 stories. Conveniently located with easy access to freeways, Aloha Stadium, Salt Lake and Moanalua Shopping centers. Existing 7500sf level lot has a 2BR/1BA home in the rear (3-car covered parking under the home) and a duplex (each with 2BR/1BA) in the front. Each unit is approximately 600sf with separately metered electric and water with own washer/dryer. Current rents have been fixed since 2018 and pro-forma rent-roll is $68,400/yr. Good income property, but unique Bill 7 development opportunity can be transformational for the right investor. Buyers to complete all due diligence that they deem material. Sold AS-IS. Please use commercial PSA. Include AS IS addendum.
Construction Materials: Above Ground,Other,Single Wall
Flooring:
Inclusion
Honolulu, HI 96818
Mortgage Calculator
$3193 per month
| Architectural Style: | N/A |
| Flood Zone: | Zone X |
| Land Tenure: | FS - Fee Simple |
| Major Area: | Metro |
| Market Status: | Active |
| Unit Features: | N/A |
| Unit View: | None |
| Amenities: | A/C,Other,Storage |
| Association Community Name: | N/A |
| Easements: | Other |
| Internet Automated Valuation: | N/A |
| Latitude: | 21.3468702 |
| Longitude: | -157.9199983 |
| Listing Service: | Full Service |
| Lot Features: | Other |
| Lot Size Area: | 7500.00 |
| MLS Area Major: | Metro |
| Parking Features: | Covered,Open,Unassigned |
| Permit Address Internet: | 1 |
| Pool Features: | N/A |
| Property Condition: | Average,Fair |
| Property Sub Type: | Multi-Family |
| SQFT Garage Carport: | N/A |
| SQFT Roofed Living: | N/A |
| Stories Type: | One,Two |
| Topography: | Level,Other |
| Utilities: | Cable,Internet,Other,Overhead Electricity,Public Water,Telephone,Water |
| View: | None |
| YearBuilt: | 1954 |
Contact An Agent
853518