1088 Bishop St #506

Executive Centre
1088 Bishop St #506
Honolulu, HI 96813

For Sale

Sold

Sold Price

$90,000 (LH)

List Price

$90,000 (LH)

Property Type:: Condo/Townhouse
Bedrooms:: 3
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: --
Living (sf):: 858
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1, Guest

MLS #:: 202123932
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: DOWNTOWN
TMK:: 1-2-1-012-004-0049

List Date:: September 15, 2021
Date Sold:: January 03, 2022

REMARKS:

FULLY furnished, upgraded THREE Bedroom unit. Mixed-use building allows one to work and/or live in their units. Tastefully remodeled with granite counters and ceramic tile flooring. Central AC and washer/dryer inside unit and one assigned parking stall included. 24/7 security, a spacious pool/hot tub, and lobby. Close to restaurants, shopping, Chinatown, and Financial District. Property tax may be lowered by applying for change with the city if owner-occupied or long-term rental. Tenant currently paying $2500/mo but process of moving out. Fee is $242, 943 and can close anytime before February 5th, 2022 and unit can close 30 days or less if cash. Capital Reserves of $225/mo will be paid by Seller for two years with full price offer.

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PROPERTY INFORMATION:

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

Year Built:: 1988
Year Remodeled:: 2017

FINANCIAL INFORMATION:

Assd. Val. Land:: $58,600
Assd. Val. Imprv:: $361,400
Assd. Val. Total:: $420,000

Tax Year:: 2021
Monthly Taxes:: $330
Home Exempt.:: $0

Maintenance Fees:: $1,401/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: Fee Available
Lessor:: Exec Ctr AO

Lease Rent:: 486.00/2053
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: $242,943
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

Elem. School:: Royal
Middle School:: Central
High School:: Mckinley

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City
Pool:: --
Amenities:: Meeting Room, Patio/Deck, Pool on Property, Recreation Room, Resident Manager, Restaurant, Security Guard, Whirlpool
Inclusions:: AC Central, Auto Garage Door Opener, Blinds, Cable TV, Disposal, Dryer, Kitchenware, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
Security:: Card, Key, Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Hot Water, Internet Service, Sewer, Water
Other Fee Inclusions:: None

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Above Average
Construction:: Steel Frame
Roofing:: --
Floor Covering:: Ceramic Tile

Disclosures:: Property Disclosure Stmt, Relative of Licensee
Possession:: At Closing, Negotiable
Terms Accept.:: Cash, Conventional
Land Recorded:: Dual Systems

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

Compensation*:: 3
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 Thursday, April 25, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Realty