312-A & 312-B Iolani Avenue, Honolulu, HI 96813
- $2,500,000
- Sold Price
- $2,500,000
- List Price
- $2,400,000
- Status
- SOLD
- Type
- Multifamily
- MLS#
- 202311583
- Days on Market
- 20
- Closing Date
- Aug 31, 2023
- Land Area
- 19,012
- Year Built
- 1942
- Neighborhood
- Punchbowl
- Land Tenure
- FS - Fee Simple
Property Description
Calling all Investors! Introducing an investment opportunity to own four dwellings with a range of bedroom/bath layouts conveniently located in the heart of Punchbowl. This A-1 Apartment zoned property includes 2 TMK’s (1) 2-2-3-8 & TMK (1) 2-2-3-70 and 4 separate buildings known as 312-A, 312, 314 & 312-B Iolani Ave. The layout is comprised as followings: 314 Iolani, Front Right Building offers: 2 Bedroom/1 full Bath. 312 Iolani, Front Left Building offers: 2 Bedroom & 2 full Bath. 312-A Iolani, the Main House is located in the middle of the property offers: 4 Bedroom, 1 full Bath, 3 half Baths. Additionally, 312-B Iolani offers: One, 2-Bedroom & 1-full Bath unit AND/ Two, 1-Bedroom & 1-full Bath units. Gas is paid by each individual tenant. Owner takes care of water (entire property) & electricity for Building B units. (5 gas meters, 4 electric meters, & 2 water meters in total). There are 7 covered parking stalls, two, 2-car carports (314 & 312) & 1 open parking. This property offers flexibility, multiple rental opportunities & an excellent addition to your multifamily investment portfolio & best of all, is just minutes away from downtown Honolulu & easy freeway access.
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Additional Information
- Island
- Oahu
- Stories Type
- One, Two
- Utilities
- Gas, Overhead Electricity, Public Water, Sewer Fee
- View
- City, Garden, Mountain
- Easements
- Sewer
- Parking Total
- 11
- Tenants Responsibilities Include
- Electricity, Gas
- Elementary School
- Royal
- Middle School
- Kawananakoa
- High School
- Roosevelt
- Lot Size
- 19,012
- Unit One Bed Number Of
- 2
- Construction Materials
- Above Ground, Single Wall, Wood Frame
- Mls Area Major
- Metro
- Neighborhood
- Punchbowl
- Year Built
- 1942
- Tax Amount
- $1,004
- Sewer
- Connected
- Unit Two Bed Number Of
- 3
- Roof
- Asphalt Shingle, Other
- Recreation Facilities
- None
- Parking Features
- Assigned, Covered, Open
- Lot Features
- Clear
- Amenities
- Storage
- Unit Three Bed Number Of
- 1
- Assessed Total
- 3717800
- Assessed Improvement
- 234500
- Assessed Land
- 3483300
- Zoning
- 11 - A-1 Low Density Apartment
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Listing courtesy of Coldwell Banker Realty. Selling Office: Central Pacific Properties 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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