1242 6th Ave
Honolulu, HI 96816
- Property Type:
- Multi-Family
- Studio Units:
- 0
- 1-Bed Units:
- 1
- 2-Bed Units:
- 9
- 3-Bed Units:
- 0
- Land Area (sf):
- 13,965
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 10 - Assigned, Open
- MLS #:
- 202306592
- TMK:
- 1-3-3-003-021-0000
- List Date:
- Island:
- Oahu
- Region:
- Diamond Head
- Neighborhood:
- PALOLO
REMARKS:
OFFERED below assessed Value. Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 10 open parking stalls. A large 13, 965 sq ft lot with building size of 7, 920 sq. ft. Each unit features exceptionally large living space with balcony or backyard with units own hot water tank. Building features a coin-operated laundry area for extra monthly income, separately metered electricity, and one sewer. Current rents are below market allowing a buyer to increase rents with some upgrades. Possible redeveloping option under Bill 7 to maximize the property's highest and best use. Ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops.
PROPERTY INFORMATION:
- Zoning:
- 11 - A-1 Low Density Apartment
- Furnished:
- Partial
- Year Built:
- 1969
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $3,892,100
- Assd. Val. Imprv:
- $441,500
- Assd. Val. Total:
- $4,333,600
- Tax Year:
- 2022
- Monthly Taxes:
- $1,159
- Home Exempt.:
- --
SCHOOLS:
- Elementary School:
- --
- Middle School:
- --
- High School:
- --
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 18, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Island, REALTORS