520 Magellan Ave

520 Magellan Ave
Honolulu, HI 96813

For Sale

Sold

Sold Price

$815,000 (FS)

List Price

$850,000 (FS)

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

Land Area (sf):: 3,800
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Covered

MLS #:: 201903109
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: PUNCHBOWL-LOWER
TMK:: 1-2-1-038-009-0000

List Date:: February 18, 2019
Date Sold:: May 17, 2019

REMARKS:

Conveniently located triplex in the heart of Punchbowl with great investment potential. There are two, 2-bed/1-bath units with separate electric meters and one, 1-bed/1-bath unit downstairs. All units have separate entrances. This property has easy access to the freeway on-ramp and off-ramp and is located off of a main bus line. Zoned “A-2” for Apartment use, this is a fantastic development opportunity for the right Buyer.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: Partial

Year Built:: 1954
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $676,500
Assd. Val. Imprv:: $117,900
Assd. Val. Total:: $794,400

Tax Year:: 2018
Monthly Taxes:: $232
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

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

Lot Description:: Clear
Topography:: Gentle Slope
Number of Stories:: One
Building Style:: --
Property Condition:: Fair
Construction:: Above Ground, Single Wall, Wood Frame
Roofing:: Asphalt Shingle
Floor Covering:: --

Disclosures:: Call Listor, Non Resident Owner, See Remarks
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

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 Saturday, April 20, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Forward Realty