For Sale: Sold

805 Bannister St
Honolulu, HI 96819

$1,588,000 (FS)
Sold Price
$1,588,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
2
1-Bed Units:
2
2-Bed Units:
4
3-Bed Units:
0
Land Area (sf):
4,530
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
6 - Assigned
MLS #:
202121955
TMK:
1-1-2-011-130-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPALAMA

REMARKS:

Located in the Heart of Honolulu this multi-unit property is a great investment for an Owner Operator Business or Apartment Investor that is interested in owning an IMX Zoned building. Cap rate at 6%. There are 8 units consisting of (4) two bedroom units, (2) Studio units, and (2) One bedroom units. This is a 1031 Exchange and the tax records may not reflect 6 units. Sold strictly "As Is" and is fully tenant occupied, so showings may be limited. Rents are between $1100 to $1400 to long term tenants but most are on Month to Month agreements. Entry and exit from both Stanley and Bannister streets are possible to get to the property. Great strategic location and freeway access in either direction.

PROPERTY INFORMATION:

Zoning:
46 - IMX-1 Industrial-Commercia
Furnished:
None
Year Built:
1948
Year Remodeled:
2019

FINANCIAL INFORMATION:

Assd. Val. Land:
$906,300
Assd. Val. Imprv:
$152,300
Assd. Val. Total:
$1,058,600
Tax Year:
2020
Monthly Taxes:
$305
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 Saturday, May 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Berkshire Hathaway HmSvc HI RE