1218 N King St
Honolulu, HI 96817
- Property Type:
- Multi-Family
- Studio Units:
- 0
- 1-Bed Units:
- 9
- 2-Bed Units:
- 4
- 3-Bed Units:
- 1
- Land Area (sf):
- 9,507
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 17 - Covered, Tandem
- MLS #:
- 202311568
- TMK:
- 1-1-6-002-063-0000
- List Date:
- Island:
- Oahu
- Region:
- Metro Oahu
- Neighborhood:
- KAPALAMA
REMARKS:
Opportunity knocks! TWO 3 story hollow tile buildings located across from the post office on N King, this well-maintained 20-unit apartment building has 6 retail spaces, 9 one-bedroom units, 4 two-bedrooms, 1 three-bedroom, and 1 bonus warehouse unit (approx 645sf). Owner recently fixed spalling and painted, and has taken excellent care of the building. Property has some covered parking, and bonus parking fronting the building not included in the 17 stalls. Access from Long Lane via N King. Opportunity to create better cash flow with minimal cap expenditure due to below market rents.
PROPERTY INFORMATION:
- Zoning:
- 33 - BMX-3 Community Business M
- Furnished:
- Partial
- Year Built:
- 1970
- Year Remodeled:
- 2022
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $2,093,500
- Assd. Val. Imprv:
- $967,500
- Assd. Val. Total:
- $3,061,000
- Tax Year:
- 2024
- Monthly Taxes:
- $3,160
- 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 Wednesday, May 8, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies