156 Kihapai St

156 Kihapai St
Kailua, HI 96734

For Sale

Sold

Sold Price

$1,150,000 (FS)

List Price

$1,150,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 3
2-Bed Units:: 0
3-Bed Units:: 0

Land Area (sf):: 6,106
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 4 - Covered, Open, Tandem

MLS #:: 201723618
Island:: Oahu
Region:: Kailua
Neighborhood:: COCONUT GROVE
TMK:: 1-4-3-059-029-0000

List Date:: November 11, 2017
Date Sold:: May 03, 2018

REMARKS:

Rarely available INVESTMENT OPPORTUNITY in Kailua for A-2 ZONED property (Medium Density Apartments). Lots of possibilities and great rental income while you're doing your planning & permitting. The front dwelling has two 1 bedroom/1 bath units. The back dwelling is a 1 bedroom plus den/2 bath cottage. The tenants are on month-to-month leases, with a total rental income of $5, 500/month. The property has 3 separate electric meters, tenants pay their own electricity and cable. Other exclusions - AC supplied by tenants. Short distance to Kailua Town and Kailua Beach; easy access to H-3 and Pali Hwy. By appointment only, please do not disturb the tenants. Pets on the property. TO BE SOLD "AS IS". SMA regulations apply. Also listed as Single Family #201723576.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: None

Year Built:: 1949
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $702,200
Assd. Val. Imprv:: $88,300
Assd. Val. Total:: $790,500

Tax Year:: 2017
Monthly Taxes:: $231
Home Exempt.:: --

SCHOOLS:

Elem. School:: Kailua
Middle School:: Kailua
High School:: Kalaheo

OTHER PROPERTY FEATURES:

Frontage:: --
View:: Other
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: One
Building Style:: --
Property Condition:: Average, Fair
Construction:: Above Ground, Single Wall
Roofing:: Asphalt Shingle, Composition
Floor Covering:: --

Disclosures:: 1031 Exchange, Non Resident Owner, Pet on Property, Property Disclosure Stmt, See Remarks
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: C&C

Compensation*:: 2.5%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 26, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Town and Country Real Estate