REMARKS:

$200, 000+ price reduction!!! Seller says sell! Get it before it's gone. Good income property, pro-forma rent-roll is $72, 000/yr ($6, 000/mo) with 5.5% cap rate on gross income. Property also qualifies for Bill 7 development! 2 houses, total of 4 units. Front house features 3 units (two 1-bedrooms, one 2-bedroom) plus a garage that has been converted to a very nice 3rd bedroom. Back house has a 1-bedroom unit. Individually metered, Separate laundry facilities and yard. Excellent and convenient location! Across from the famous Waiola Shave Ice, near Old Stadium Park, University of Hawaii, library, restaurants, schools, bus line, and supermarkets. Must see, won't last long! Please see supplements for Bill 7 initial budgetary numbers and past rent roll. Buyer to do their own due diligence. Non-conforming, number of bedrooms does not match tax record. *One or more photos have been "enhanced."

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 26, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Locations LLC