For Sale: Sold

617 Wailepo St
Kailua, HI 96734

$1,920,000 (FS)
Sold Price
$2,270,000 (FS)
List Price
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
MLS #:
202008668
TMK:
1-4-3-058-022-0000
List Date:
Island:
Oahu
Region:
Kailua
Neighborhood:
COCONUT GROVE

REMARKS:

Unique Investment opportunity in KAILUA. Maximize the income stream for it's highest and best use or rehab the two buildings with potential to redevelop under Bill 7. Eight - 2 bedroom units located close to Kailua town and a short walk to park, stores and restaurants. Property is sold "as is" and Buyer shall perform their own due diligence. Information provided for income and building are estimates and may differ from actual records. Only a few of the rental units are occupied and income for property does not measure building's full occupancy potential or current market rents. NO sign on property. Do not disturb tenants or enter property without an appointment.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
None
Year Built:
1952
Year Remodeled:
1962

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,190,000
Assd. Val. Imprv:
$135,300
Assd. Val. Total:
$1,325,300
Tax Year:
2019
Monthly Taxes:
$387
Home Exempt.:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, May 7, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Homequest LLC