$5,195,000 Fee Simple
16,067 sf of A2 zoned land
12 two-bedroom units
Completely renovated from top to bottom: ALL NEW electric, plumbing, structural, floors, windows and doors–new roof, driveway, gate. Absolutely turn key investment!
Full sized washer/dryer
Huge lot, wonderfully located on the same street as Iolani School and less than a mile from UH Manoa.
Stable, built-in tenant pool with EZ-to rent units that shine beautifully from other inventory.
Future development (micro-units/condo/subdivide: buyer to do its own due diligence) with ample lot square footage in the urban core but cash cow with the excellent cash flow today!
Existing rent roll grosses $294,000 with $234,725 NOI.