REMARKS:

Three Dwellings! An Investors dream! A rare Moiliili 10 bedroom / 2.5bath (Each floor having 5 bedrooms / 1 bath & kitchen upstairs with 5 bedrooms / 1 bath & kitchen downstairs) with a Separate STUDIO in the back. Only blocks away from University of Hawaii. Currently set up in a dormitory style living. No income to report as it has been vacant. If one does their due diligence gaining a 7% Cap rate or more is possible. The separate Studio is update w/appliances & split AC unit. Studio would be great for a manager, mother-in-law, &/or renter. This house could also work well as a CARE HOME or MULTIFAMILY living. Several Parking possibilities around the home. Small yard in the back. Coin operational washer & Dryer. Short commutes to H1 freeway, bus stop, other schools, & across the freeway: hospitals, dinning, town, Waikiki, and city activities. Some remodeling & roof work done in early 2000’s. With some basic upgrades, improvements, paint, etc this Diamond in the rough can be taken to an entire level of income and/or living enjoyment. Survey & Termite Tenting completed in early April 2023. (Buyer to do their due diligence, rent research, tax record confirmations, etc)

* 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, April 26, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of JER Realty