1538 Pele Street, Honolulu, HI 96813

$2,900,000
Sold Price
$2,900,000
List Price
$2,995,000
Status
SOLD
Type
Multifamily
MLS#
202403473
Days on Market
163
Closing Date
Sep 18, 2024
Land Area
4,980
Year Built
2008
Year Remodeled
2024
Neighborhood
Punchbowl Lower
Land Tenure
FS - Fee Simple

Property Description

Makiki Zero Plex offers a stunning and modern Four-Unit Apartment complex with a variety of units. The property consists of two 2-bedroom, 2-bathroom units and two 3-bedroom, 3-bathroom units, providing a total of four unique rentals. Each unit boasts a spacious and contemporary layout, complete with in-unit washers and dryers, well-appointed built-in cabinets, and modern appliances. Notable features include a solar canopy that provides shade on the private patios, freshly painted exteriors, and newly stained planter boxes that enhance the overall curb appeal. Additionally, all units are equipped with split air conditioning, ceiling fans in every room, and ample parking. The 2-bedroom units offer two garaged parking stall tandems, while the 3-bedroom units feature a two-car garage with side-by-side parking. Moreover, there is space for an additional 2 cars on the driveway behind each garage. Each unit has its own electrical and water meter, and tenants are responsible for paying for cable and internet. The owner would only need to cover management fees, property tax, and insurance.

Additional Information

Island
Oahu
Stories Type
Three
Utilities
Cable, Internet, Private Water, Sewer Fee, Telephone, Underground Electricity, Water
View
City, Ocean, Sunrise
Easements
Sewer, Water
Parking Total
16
Tenants Responsibilities Include
AC, Cable TV, Electricity, Other, Water
Sqft Building
4107
Lot Size
4,980
Construction Materials
Above Ground, Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame
Mls Area Major
Metro
Neighborhood
Punchbowl Lower
Frontage
Other
Year Built
2008
Year Remodeled
2024
Tax Amount
$759
Total Income
177252
Sewer
Connected
Unit Two Bed Number Of
2
Roof
Custom/Specialty
Recreation Facilities
None
Parking Features
Assigned, Covered, Open, Tandem
Lot Features
Other
Amenities
A/C
Total Annual Operating Expenses
1200
Unit Three Bed Number Of
2
Assessed Total
2602300
Assessed Improvement
1555400
Assessed Land
1046900
Zoning
12 - A-2 Medium Density Apartme

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 Agora Hawaii. Selling Office: Locations LLC.

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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