98-161 Kaluamoi Place
Pearl City, HI 96782

Added on 05/10/2023

Property Type

Single Family

Beds

Bedrooms 8

Baths

Bathroom 4

Parking

Parking 4

Balcony

Balcony No

Basic Info

  • MLS Number: 202306615
  • HOA Fees:
  • Maintenance Fees:

  • Neighbourhood: WAIMALU
  • TMK: 1-9-8-21-18
  • Annual Tax Amount: $3408.00/year

Property description

Total Sqft Size 2696

Lot Size Area 5000.00

Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.

Construction Materials: Above Ground,Brick,Concrete,Single Wall,Slab

Flooring: Laminate,Vinyl,W/W Carpet


Inclusion

  • Ceiling Fan
  • Range/Oven
  • Refrigerator
  • Water Heater

Pearl City, HI 96782

Mortgage Calculator

$2311 per month

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Alexander Vergara
Alexander Vergara

RA-86228

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Architectural Style: Multiple Dwellings
Flood Zone: Zone X
Land Tenure: FS - Fee Simple
Major Area: PearlCity
Market Status: Sold
Unit Features: N/A
Unit View: Ocean
Amenities: N/A
Association Community Name: N/A
Easements: Drainage
Internet Automated Valuation: 1
Latitude: 21.3877984
Longitude: -157.9574798
Listing Service: Full Service
Lot Features: Clear
Lot Size Area: 5000.00
MLS Area Major: PearlCity
Parking Features: 3 Car+,Carport
Permit Address Internet: 1
Pool Features: None
Property Condition: Average
Property Sub Type: Single Family
SQFT Garage Carport: 631
SQFT Roofed Living: 2696
Stories Type: Two
Topography: Level
Utilities: Water
View: Ocean
YearBuilt: 1959

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