2649 Varsity Pl #404

Varsity Villa
2649 Varsity Pl #404
Honolulu, HI 96826

For Sale

Sold

Sold Price

$22,500 (LH)

List Price

$27,500 (LH)

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

Land Area (sf):: 28,750
Living (sf):: 300
Lanai (sf):: 32
Other (sf):: --

Parking Stalls:: 1 - Assigned, Open - 1, Street

MLS #:: 202104509
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: MOILIILI
TMK:: 1-2-8-024-015-0043

List Date:: February 22, 2021
Date Sold:: October 14, 2021

REMARKS:

Rarely available and extremely affordable LEASEHOLD studio unit with 1 assigned parking stall! Conveniently located within walking distance to the University of Hawaii at Manoa, eateries, shopping, freeway access, and more! This spacious and bright studio has been well-maintained and is ready for your own personal touches! This is a wonderful value for investors or as a convenient and affordable alternative to student housing! Don't miss out on this wonderful value! Lease negotiation should take place in 2027-2028.

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PROPERTY INFORMATION:

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

Year Built:: 1972
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $101,200
Assd. Val. Imprv:: $102,600
Assd. Val. Total:: $203,800

Tax Year:: 2020
Monthly Taxes:: $59
Home Exempt.:: $0

Maintenance Fees:: $387/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: George Hao

Lease Rent:: 491.00/2029
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City
Pool:: --
Amenities:: Community Laundry
Inclusions:: AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator
Security:: Key
Assn. Fee Inclusions:: Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Lease Rent

Lot Description:: --
Topography:: --
Number of Stories:: 4-7
Building Style:: Low-Rise 6 or Less Stories
Property Condition:: Average
Construction:: Concrete, Double Wall, Masonry/Stucco, Other
Roofing:: --
Floor Covering:: Other, Vinyl

Disclosures:: Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Exchange
Land Recorded:: Dual Systems

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

Compensation*:: 2.5

* 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, December 8, 2023. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. Listing courtesy of Marcus Realty