1003 3rd Avenue, Honolulu, HI 96816

$3,380,000
List Price
$3,380,000
Status
ACTIVE
Type
Multifamily
MLS#
202320181
Days on Market
183
Land Area
15,600
Year Built
1941
Neighborhood
Kaimuki
Land Tenure
FS - Fee Simple

Property Description

Investor's gem in the highly desired Kaimuki area. Rare opportunity with a lot size at 15,600 sq. ft. in a R-3.5 zone. Property currently has a total of 12 rental units (7 Studios, 4 One Bedrooms, 1 Two Bedroom). 5 separate structures on a corner block of your own stretching from 3rd Ave to Palima Pl., across Pahoa Ave. Property has 11 individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off ramps, handful of restaurants and businesses on Waialae Ave. & Kapahulu Ave, Market City Shopping Center, Kapahulu Shopping Center, Waikiki. Buyers to do their own due diligence. Photos with outlines are only for general guidelines and do not depict actual lot boundaries. ALL SHOWINGS ARE BY APPOINTMENTS ONLY, PLEASE DO NOT ENTER THE PREMISES AND DISTURB THE TENANTS.

Additional Information

Island
Oahu
Stories Type
One, Two
Utilities
Gas, Public Water
View
City, Other
Easements
Other
Parking Total
12
Tenants Responsibilities Include
Electricity, Gas
Lot Size
15,600
Unit One Bed Number Of
4
Construction Materials
Single Wall
Mls Area Major
DiamondHd
Neighborhood
Kaimuki
Studio Units Number Of
7
Furnished
Partial
Year Built
1941
Tax Amount
$862
Total Income
192900
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Asphalt Shingle, Other
Parking Features
Open
Lot Features
Other
Amenities
None
Total Annual Operating Expenses
34890
Assessed Total
2954700
Assessed Improvement
228200
Assessed Land
2726500
Zoning
07 - R-3.5 Residential District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Five Star Realty, Inc..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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