1650 Nuuanu Avenue, Honolulu, HI 96817

$4,400,000
Sold Price
$4,400,000
List Price
$4,500,000
Status
SOLD
Type
Multifamily
MLS#
202226240
Days on Market
13
Closing Date
May 01, 2023
Land Area
5,686
Year Built
1974
Year Remodeled
2018
Neighborhood
Nuuanu Lower
Land Tenure
FS - Fee Simple

Property Description

Building looks like a Condo, featuring a fenced area completely around the building with an automatic gate to the covered parking area, secured lobby and laundry area and gated stairwells. Conveniently located building next to Soto Academy not far from Downtown. All units renovated over the past few years, new re-done roof, no spalling or plumbing issues, survey available, party wall and encroachment agreement already recorded. Good tenant mix, easy rental due to convenient location and fully secured building. Solid all concrete structure with most improvements completed. View Supplement icon for past Survey, actual Rent & Projected Rent Roll, Financials with 2022 Year-End Expenses, Building and Parking Sketch. Please allow some time due to out of state Seller. NOTE: No permit for rooftop Studio Unit. For Showing Request please do not use Showing Time, view Agent/Showing Remarks. View from exterior, inspection of all units upon due diligence period.

Additional Information

Island
Oahu
Stories Type
Three
Utilities
Gas, Overhead Electricity, Sewer Fee, Telephone, Water
View
Mountain
Easements
None
Parking Total
13
Tenants Responsibilities Include
Cable TV, Electricity, Gas, Parking
Sqft Building
8307
Lot Size
5,686
Unit One Bed Number Of
6
Construction Materials
Concrete, Hollow Tile, Masonry/Stucco
Mls Area Major
Metro
Neighborhood
Nuuanu Lower
Studio Units Number Of
1
Furnished
Partial
Year Built
1974
Year Remodeled
2018
Tax Amount
$598
Total Income
243400
Sewer
Connected
Unit Two Bed Number Of
6
Roof
Custom/Specialty
Parking Features
Assigned, Covered
Lot Features
Clear
Amenities
A/C, Other, Secured Lobby, Storage
Total Annual Operating Expenses
48240
Assessed Total
2051500
Assessed Improvement
1031300
Assessed Land
1020200
Zoning
11 - A-1 Low Density Apartment

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Nelson Fukuki Realty LLC. Selling Office: Century 21 iProperties Hawaii.

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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