For Sale: Sold

98-161 Kaluamoi Pl
Pearl City, HI 96782

$1,105,000 (FS)
Sold Price
$995,000 (FS)
List Price
Property Type:
Single Family
Bedrooms:
8
Full Baths:
4
Half Baths:
0
Land Area (sf):
5,000
Living (sf):
2,696
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
4 - 3 Car+, Carport
MLS #:
202306615
TMK:
1-9-8-021-018-0000
List Date:
Island:
Oahu
Region:
Pearl City/Aiea
Neighborhood:
WAIMALU

REMARKS:

Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
--
Year Built:
1959
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$894,000
Assd. Val. Imprv:
$80,600
Assd. Val. Total:
$974,600
Tax Year:
2023
Monthly Taxes:
$284
Home Exempt.:
$0

SCHOOLS:

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

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, March 29, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Keller Williams Honolulu