729 Ekela Avenue, Honolulu, HI 96816

$1,638,000
List Price
$1,638,000
Status
ACTIVE
Type
Multifamily
MLS#
202309438
Price Change
▼ $50,000 1687575810
Days on Market
115
Land Area
4,302
Year Built
1950
Year Remodeled
2016
Neighborhood
Kapahulu
Land Tenure
FS - Fee Simple

Property Description

Excellent location in super desirable neighborhood + cash flow = top notch investment! 2 legal units with apartment zoning and new paint: front two-story building (5 rooms) rented by the room with shared kitchen and bathrooms and 1 studio AND back one-story 2-bedroom house. 4 parking stalls (1 tandem), 2 sets of owned coin washer/dryers, 2 electric meters (house pays its own bill while rooms include utilities), 1 water meter. Perfect opportunity to live in back house and continue renting the front building or leave as is maximizing the income.

Additional Information

Island
Oahu
Stories Type
One, Two
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
View
Golf Course, Other
Easements
None
Parking Total
3
Tenants Responsibilities Include
None, Electricity
Sqft Building
2136
Lot Size
4,302
Construction Materials
Concrete, Masonry/Stucco, Single Wall, Vinyl, Wood Frame
Mls Area Major
Metro
Neighborhood
Kapahulu
Studio Units Number Of
1
Frontage
Other
Furnished
Partial
Year Built
1950
Year Remodeled
2016
Tax Amount
$398
Total Income
93720
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Covered, Open, Tandem
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
24839
Unit Three Bed Number Of
1
Assessed Total
1402700
Assessed Improvement
216400
Assessed Land
1186300
Zoning
12 - A-2 Medium Density Apartme

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

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