2902 Varsity Cir
Honolulu, HI 96826

For Sale
Active
List Price
$1,900,000 (FS)
Property Type:
Multi-Family
Studio Units:
8
1-Bed Units:
0
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
6,130
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
8 - Open
MLS #:
202403396
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
UNIVERSITY
TMK:
1-2-8-025-013-0000
List Date:

REMARKS:

Don’t miss this rare-find two-story apartment complex with 8 EASY TO RENT studios and SOLID tenant pool, conveniently located near University of Hawaii at Manoa, Ala Moana Center, Waikiki, restaurants, hospitals, businesses, and bus lines, with easy access to major roads and freeways. This apartment has 8 separate electric meters, 6-8 parking spaces (depending on the size of the cars), coin-operated laundry, quiet interiors despite close proximity to the freeway, green surroundings as it directly faces an empty field maintained by UH, and cul-de-sac location, which means private living, less crowded, and safer environment. All units have ceramic tile flooring and identical designs with maximum rentability. Excellent investment opportunity! Jump on this great deal before it disappears! Property to be conveyed As Is, Where Is.

PROPERTY INFORMATION:

Zoning:
11 - A-1 Low Density Apartment
Furnished:
--
Year Built:
1954
Year Remodeled:
1960

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,327,300
Assd. Val. Imprv:
$143,600
Assd. Val. Total:
$1,470,900
Tax Year:
2023
Monthly Taxes:
$429
Home Exempt.:
--

SCHOOLS:

Elem. School:
Lunalilo
Middle School:
Washington
High School:
Kaimuki

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Other
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Flag Lot
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Average
Construction:
Concrete
Roofing:
Composition
Floor Covering:
--
Disclosures:
None, Call Listor
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
None
Set-Backs:
None
Compensation*:
2.25

* 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, February 24, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Kona Realty All Islands LLC