3115 Castle St

3115 Castle St
Honolulu, HI 96815

For Sale

Sold

Sold Price

$1,900,000 (FS)

List Price

$2,080,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 3
2-Bed Units:: 4
3-Bed Units:: 0

Land Area (sf):: 5,000
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 6 - Covered, Tandem, Unassigned

Sale Conditions:

Subject To Replacement Property

MLS #:: 202109446
Island:: Oahu
Region:: Diamond Head
Neighborhood:: KAPAHULU
TMK:: 1-3-1-017-024-0000

List Date:: April 19, 2021
Date Sold:: August 30, 2021

REMARKS:

3115 Castle St - 2 great apartment buildings close to Waikiki. Back building has 4-2 bdrm - electrical/plumbing gutted & changed in 2004; Front building has 3-1 bdrm (different from tax record); electrical/plumbing well maintained. Roof ~17 years young & still under material warranty. All units individually metered and occupied except 1, which is a vacant one bedroom (Seller prefers it vacant, easy to show) 1 set of washer/dryer coin laundry machines. PARKING: 2-tandem; 1-covered; 1 middle parking; 1 side parking total 5 spaces. Zoning B2 Community, allows owners to use part for business, e.g., back apartment for rental and front apartment for business. Buyer to do own due-diligence. Sold "AS IS"! Current CAP: 2.9%; rentals and parking are under market value.

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PROPERTY INFORMATION:

Zoning:: 32 - B-2 Community Business Dis
Furnished:: None

Year Built:: 1957
Year Remodeled:: 2004

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,575,000
Assd. Val. Imprv:: $185,400
Assd. Val. Total:: $1,760,400

Tax Year:: 2020
Monthly Taxes:: $1,787
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: Mountain, Other
Pool:: --
Amenities:: Storage
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Other
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Above Average
Construction:: Concrete, Wood Frame
Roofing:: Composition
Floor Covering:: --

Disclosures:: 1031 Exchange, Call Listor
Possession:: At Closing, Subject To Tenancy
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 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Hawaii Life