2127 Dole St
Honolulu, HI 96822

For Sale
Sold
Sold Price
$1,300,000 (FS)
List Price
$1,188,000 (FS)
Property Type:
Multi-Family
Studio Units:
1
1-Bed Units:
10
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
5,000
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
9 - Covered, Open, Tandem
Property Photo
MLS #:
202309741
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
UNIVERSITY
TMK:
1-2-8-008-069-0000
List Date:
Date Sold:

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)

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
Partial
Year Built:
1939
Year Remodeled:
2003

FINANCIAL INFORMATION:

Assd. Val. Land:
$902,000
Assd. Val. Imprv:
$278,800
Assd. Val. Total:
$1,180,800
Tax Year:
2023
Monthly Taxes:
$325
Home Exempt.:
--

SCHOOLS:

Elem. School:
Kaahumanu
Middle School:
Stevenson
High School:
Mckinley

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
Mountain
Pool:
--
Amenities:
A/C, Storage
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Above Average, Average
Construction:
Above Ground, Concrete, Hollow Tile
Roofing:
Asphalt Shingle, Composition
Floor Covering:
--
Disclosures:
Property Disclosure Stmt, See Remarks
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
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 Sunday, April 21, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of JER Realty