2842 Kaimuki Avenue, Honolulu, HI 96816

$2,300,000
Sold Price
$2,300,000
List Price
$2,450,000
Days on Market
240
Closing Date
Mar 25, 2024
MLS#
202310419
Status
SOLD
Type
Multifamily
Sq Ft Total
3410
Land Tenure
FS - Fee Simple
Neighborhood
Kapahulu

Property Description

Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.

Additional Information

View
City, Other
Zoning
12 - A-2 Medium Density Apartme
Lot Size
5,524
Frontage
Other
Sewer
Connected
Year Built
1967
Year Remodeled
2006

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Marcus Realty. Selling Office: Dower Realty, Inc..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 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.

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