For Sale: Active

1650 Young St
Honolulu, HI 96826

$14,000,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
42
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
13,900
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
42 - Assigned, Covered, Open
MLS #:
202403902
TMK:
1-2-8-001-037-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MOILIILI

REMARKS:

Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.

PROPERTY INFORMATION:

Zoning:
17 - AMX-2 Medium Density Apt M
Furnished:
--
Year Built:
1973
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$3,093,900
Assd. Val. Imprv:
$2,493,000
Assd. Val. Total:
$5,586,900
Tax Year:
2023
Monthly Taxes:
$1,630
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 Sunday, May 12, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Real Estate Specialists