REMARKS:

Many options for you on this property. First you can build a 32 unit Bill 7 Apartment Complex because this is an apartment zoned parcel. What's even better is the owner already has the plans and open building permit ready to go! All you have to do is get your HUI together and start getting bids for contractors. If you have a heart for helping others and want to build more affordable housing in Honolulu and take advantage of the Bill 7 benefits then this project is for you! Over $200K was spent on the due diligence, plans, and permitting. Second, you can restore this beautiful home that should be considered as a historic site in Makiki. Back in the day this property hosted many soirees. Third, you can knock down and build your own family compound. It is possible to package this parcel with the parcel to the left of the subject property and redevelop into a family compound or multi-family dwelling as a Bill 7/non-Bill 7. Use one parcel as parking and a larger dwelling can be built on the adjacent lot.

* 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, May 4, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Ivy K Realty, LLC