617 Wailepo St

617 Wailepo St
Kailua, HI 96734

For Sale

Active

List Price

$3,250,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 8
3-Bed Units:: 0

Land Area (sf):: 7,000
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 6 - Assigned, Open

MLS #:: 202208535
Island:: Oahu
Region:: Kailua
Neighborhood:: COCONUT GROVE
TMK:: 1-4-3-058-022-0000

List Date:: May 05, 2022

REMARKS:

Two upgraded buildings with 8 units in desirable Kailua offer a secure NOI of $138, 416. Recently remodeled and offering new kitchens, appliances, and an independent laundry for each unit. Electrically submetered with 6 parking stalls on site. A-2 zoning offers Bill 7 opportunities.

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PROPERTY INFORMATION:

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

Year Built:: 1952
Year Remodeled:: 2020

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,496,500
Assd. Val. Imprv:: $566,800
Assd. Val. Total:: $2,063,300

Tax Year:: 2021
Monthly Taxes:: $449
Home Exempt.:: --

SCHOOLS:

Elem. School:: Kailua
Middle School:: --
High School:: Kalaheo

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: Other
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: Two
Building Style:: --
Property Condition:: Excellent
Construction:: Concrete
Roofing:: Asphalt Shingle, Composition
Floor Covering:: --

Disclosures:: Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: Of Record

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 Thursday, May 19, 2022. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd. Listing courtesy of Carvill Sotheby's Intl. Realty