1088 Bishop St #3601

Executive Centre
1088 Bishop St #3601
Honolulu, HI 96813

For Sale

Sold

Sold Price

$345,000 (FS)

List Price

$375,000 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 1
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: 58,370
Living (sf):: 525
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1, Secured Entry

MLS #:: 201827600
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: DOWNTOWN
TMK:: 1-2-1-012-004-0416

List Date:: October 16, 2018
Date Sold:: July 09, 2019

REMARKS:

Beautiful, high floor apartment with stunning views in a building that allows short term vacation rentals. Unit currently managed by Aston Hotel in the building with current occupancy rate YTD of about 87%. Fantastic income producing investment. FEE SIMPLE so there's no need to bother with the multiple calculations of all the fees involved in buying the fee interest. Elegantly upgraded and furnished to attract hotel guests. Sample Rental income statement available in supplements.

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PROPERTY INFORMATION:

Zoning:: 34 - BMX-4 Central Business Mix
Furnished:: Full

Year Built:: 1984
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $31,300
Assd. Val. Imprv:: $325,100
Assd. Val. Total:: $356,400

Tax Year:: 2018
Monthly Taxes:: $388
Home Exempt.:: $0

Maintenance Fees:: $518/mo.
Association Fees:: --/mo.
Other Fees:: $122/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Marina/Canal, Mountain
Pool:: --
Amenities:: Community Laundry, Meeting Room, Pool on Property, Restaurant, Security Guard, Trash Chute, Whirlpool
Inclusions:: AC Central, Cable TV, Drapes, Microwave, Refrigerator
Security:: Card, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Other Common Expenses

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Excellent
Construction:: Concrete, Double Wall
Roofing:: --
Floor Covering:: Ceramic Tile, W/W Carpet

Disclosures:: Property Disclosure Stmt
Possession:: Negotiable
Terms Accept.:: Cash, Conventional
Land Recorded:: Dual Systems

Exclusions:: --
Easements:: --
Set-Backs:: --

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 Wednesday, April 24, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of BHGRE Advantage Realty