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808 Makaleka Avenue, Honolulu, HI 96816

$1,350,000
List Price
$1,350,000
Status
ACTIVE
Type
Multifamily
MLS#
202107337
Price Change
▼ $25,000 1628562091
Days on Market
168
Land Area
3,000
Year Built
1941
Neighborhood
Kapahulu
Land Tenure
FS - Fee Simple

Property Description

Super desirable location at the end of a cul de sac close to Waikiki, Kapahulu, and freeway in all directions. Solid value, stable tenant base, 4.11% cap on actual income and expenses make this an excellent investment. All units occupied, easy to rent with quaint, comfortable atmosphere for tenants who want to feel at home rather than renting a box in a building. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and laundry. Parking is first come, first serve. Must drive by to appreciate!

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Cesspool, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
View
None, Other
Easements
None
Parking Total
3
Tenants Responsibilities Include
Cable TV, Electricity
Sqft Building
2142
Lot Size
3,000
Unit One Bed Number Of
5
Construction Materials
Hollow Tile, Wood Frame
Mls Area Major
Metro
Neighborhood
Kapahulu
Studio Units Number Of
1
Furnished
Partial
Year Built
1941
Tax Amount
$268
Total Income
73800
Sewer
Connected
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Tandem
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
18309
Assessed Total
915500
Assessed Improvement
75500
Assessed Land
840000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.