Great cash flowing investment property. Mainly hollow tile apartment building with 4 units. There are three 3 bedroom/1 bath units @ $2,350-$2,500 and one 2 bedroom/1 bath unit @ $1,300. Monthly net income is $8,550. Annual net income is $102,600. 5.68% CAP Rate. Renovated in 2021 with new roof, freshly painted exterior. All units have new kitchen and bathrooms that include quartz countertops, stainless steel appliances, tiled bathroom shower walls and floors. Secured property with new security gate and new driveway with 4 assigned parking stalls. Located close to freeway access. Please do not walk on property or disturb tenants without an appointment.
30 Multi Family Homes For Sale in Honolulu, HI
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% 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. All units separately metered for electric, landlord pays water. Must drive by to appreciate!
Fantastic Potential for Developments: 444 Keoniana St. 4 bedrooms 3 bath, and a cottage(bedrooms number differs from tax record)5000 sq.ft land. Priced at $1,650,000. It is however to be sold together with 448 Keoniana St.(mls#202110361) 2 adjoining houses at $3,300,000. The VALUE is the adjoining lots of 10,000 sq.ft. LAND for development. You may potentially develop a 4 story boutique-apartment with 20-two bedroom units w/20 parking. This is all subject to Waikiki Special District Precinct Requirement, obtaining permits approval and have sewer adequacy. Selling"AS IS", Buyer must do their own due diligence. Seller is considered to do 1031 Exchange at no additional cost to the Buyer.
Fantastic Potential for Developments: 448 Keoniana St. 3 bedrooms 2 bath, and a cottage(bedrooms number differs from tax record)5000 sq.ft land. Priced at $1,650,000. It is however to be sold together with 444 Keoniana St. 2 adjoining houses at $3,300,000. The VALUE is the adjoining lots of 10,000 sq.ft. LAND for development. You may potentially develop a 4 story boutique-apartment with 20-two bedroom units w/20 parking. This is all subject to Waikiki Special District Precinct Requirement, obtaining permits approval and have sewer adequacy. Selling "AS IS", Buyer must do their own due diligence. Seller is considered to do 1031 Exchange at no additional cost to the Buyer.
Across the street from the UH Manoa pool with easy access to the freeway in all directions. KS also to redevelop Pucks Alley soon, further gentrifying the neighborhood. Two structures: front structure back wall is 4 hollow tile wall with wood and newer Gaco roof with 1 three-bedroom over covered tandem parking area. Back structure is two-story structure: hollow tile first floor and wood second floor and asphalt shingle roof with 4 two-bedrooms. 2 owned coin dryers with individual washers owned by the Landlord. Separately metered for electric and gas, which tenants pay. One water meter.
Located in Nu'uanu, Multi-family Property with Three Units in Two Structures- ONE 3 bedroom 1 bathroom house and TWO 2 bed 1 bath units. Each unit has it's own Electric and Gas Meters. Property includes two long side by side parking stalls. Each unit has it's own W/D Hookups and Water Heaters. All units were renovated in 2018.
2 detached homes. Live in one rent the other. 4 min from downtown Honolulu, Sep Electric meters. Back house 2/1. Peaceful garden with deck and fruit trees separate the two houses. Tax office records do not match sq. footage. 3 parking stalls.
Located with easy access to the freeway in all directions, super convenient with some cool restaurants close by. Excellent investment opportunity with the ability to value add by renovating units and increasing the rents. Property is two structures: one 2 story hollow tile/wood walk up with 6 two-bedroom, one bath units and a 1 story house with 1 three-bedroom, two bath. Separately metered for WATER and electricity! Tenants pay their own water/sewer and electric, so own their own washers, and there are lines for drying in the backyard. All units have their own water heaters.
SUPER INVESTMENT OPPORTUNITY!! BMX-3 ZONED PROPERTY FRONTING DILLINGHAM BLVD WITH TWO RESIDENTIAL STRUCTURES. FRONT TWO STORY DWELLING RECENTLY VACATED. 3 BEDROOMS 1 BATH ON EACH FLOOR WITH TOTAL MONTHLY RENTAL INCOME OF $3000 PER MONTH. SECOND REAR DWELLING NEEDS MAJOR REPAIR TO TOP FLOOR AND CONTAINS TWO 2 BEDROOM UNITS. ADDITIONAL RENTAL ON SIDE OF BUILDING PREVIOUSLY RENTED. SEPARATE ELECTRICAL AND GAS METERS FOR EACH TWO STORY DWELLING. EXISTING FLOOR AREA MAY NOT MATCH TAX RECORDS. HOMES TO BE SOLD AS IS.
3115 Castle St - 2 great apartment buildings close to Waikiki. Back building has 4-2 bdrm - electrical/plumbing gutted & changed in 2004; Front building has 3-1 bdrm (different from tax record); electrical/plumbing well maintained. Roof ~17 years young & still under material warranty. All units individually metered and occupied except 1, which is a vacant one bedroom (Seller prefers it vacant, easy to show) 1 set of washer/dryer coin laundry machines. PARKING: 2-tandem; 1-covered; 1 middle parking; total 6 spaces. Zoning B2 Community, allows owners to use part for business, e.g., back apartment for rental and front apartment for business. Buyer to do own due-diligence. Might also be qualified for Bill 7! Sold "AS IS"! Current CAP: 2.9%; rentals and parking are under market value. Seller is considered to do 1031EXCHANGE!
Rare and desirable Makiki 12 units buildings on A-2 zoned property. Huge potential to upgrade units further for better rental income or redevelop property under Bill 7. Almost 10,000 square feet level flag lot. Property consists of two separate structures with 11 parking spaces. 1508A with 4 - 2 bedroom, 1 bath units and 1508A1 with 8 - 1 bedroom, 1 bath units. Replaced roof and exterior painting in 2019. Each unit separately metered for electricity and gas with individual unit laundry areas. Fully 100% tenant occupied and all tenants are up today rent. Property sold "as is" condition. DO NOT walk on property or Disturb tenants. Offer subject to inspection.
Investor opportunity for rental income! This is a fully occupied 4 plex (4 x 2 bedroom, 1 bath, 1 parking). Freshly painted exterior 2021. Unit interiors are in average but good working condition. One unit fully renovated in 2020 - photos from before tenant's occupancy. Copper plumbing throughout updated 2018. Concrete roof. Awesome Liliha St location just next to Foodland School St. Convenient to Kuakini hospital, downtown, and H-1 access. Please do not walk on property or disturb tenants. Some photos may have been virtually enhanced.
Hidden Gem! Incredible multi-unit property in the heart of Honolulu! Situated on over 10,000 sqft of A-2 zoning (Bill-7 eligible), imagine all the possibilities! Amazing 3-story home with 4 units, 2 garages, 2 driveways, 3 electric meters, storage areas, and lots of parking space! All 4 units have their separate entrances and kitchens! 1st floor (2bed/2.5baths/ADA compliant), 2nd floor has 2 (2beds/1bath) units, 3rd floor (4beds/2.5 baths). Listing price includes adjoining vacant lot: TMK 1-2-3-032-016 (approx 2,785 sqft A-2 lot). Owner Occupied with multi-generational family, Please DO NOT access property without listing agent. Conveyed "as-is." Number of beds/baths may differ from tax record, buyer to conduct own due diligence.
Live in one, rent the others! This property has 3 floors, can be broken to either 2 to 3 units! There's two 2bd/1bamiddle and bottom unit, the top floor is 3bd/1ba; with bonus storage and laundry room! Substantially refinished inside and out, with views of Salt Lake, Aiea, Pearl Harbor, and the surrounding ocean. Care was taken in every detail, from the solid wood cabinets and quartz counter tops, to the deep, functional (kitchen) sink. The interior of the house has been extensively re-donethrough out. Quality vinyl plank flooring in the living areas to adds comfort and appearance. New tile in the kitchenand bathrooms enhances appearance and the impact of spills. This IS a spectacular package! Please DO NOTDISTURB TENANTS- BY APPT ONLY. DO NOT ENTER PROPERTY
Amazing opportunity to own a large home on over an acre land with many possibilities! Gated home located at the end of a private road with 6 bd and 3 ba downstairs and 6 bd and 4 ba upstairs (renovated in 2019). Great location with ample parking. Currently rented to 4 different tenants but can be opened as one large home for multi generational living. Has a wheelchair accessible elevator with a wide hallway and bathrooms. Beautiful landscaping. Newly installed owner owned 70 panel Solar PV. New roof in 2020. Tax records does not match actual numbers of bedrooms and bathrooms. Subject to tenant lease ending in 12/2021. Shown by appointment only to pre-qualified buyers.
Investment opportunity in the heart of Moiliili near restaurants, supermarkets, big box stores and just 1.7 miles to famous Waikiki Beach. Exterior just painted and Unit A was just partially remodeled with new paint, floors and bathroom vanity/mirror. Invest in your future by investing in Hawaii's thriving rental market.
Great investment opportunity in the heart of the world famous Waikiki! Recently renovated in 2020, this two story concrete multi-apartment building consists of: (3) 1-bedroom units and (3) studio units and 3 parking stalls. Coined washer and dryer on-site for additional income! Take advantage of this income producing property in world famous Waikiki and within close proximity to International Marketplace, Beaches, Shopping, Entertainment, and so much more! 235 Kaiulani is currently 100% tenant occupied, no vacancies!