1416 Middle Street, Honolulu, HI 96819
- $4,250,000
- Sold Price
- $4,250,000
- List Price
- $4,000,000
- Status
- SOLD
- Type
- Multifamily
- MLS#
- 202415565
- Days on Market
- 11
- Closing Date
- Sep 20, 2024
- Land Area
- 23,407
- Year Built
- 1966
- Neighborhood
- Kalihi Lower
- Land Tenure
- FS - Fee Simple
Property Description
OPPORTUNITY KNOCKS to Value Add with Excellent Actual Income: 18 LARGE TWO-BED UNITS close to freeway in all directions located in the heart of Metro Honolulu. Cap ex include: brand new parking lot, roof, and lanai spalling. 28 parking stalls--all but 1 rented for extra income. All units are separately metered for electric, w/ master meter for CAM electric; one gas meter for heater and dryers only (no gas appliances inside units), and one water meter. Each unit is sub metered and water/sewer is charged back to the tenants. W/D machines are leased for about $120/mo but PM collects coins for add' income. Buyer to accept existing survey performed by Ailana Survery on May 14, 2024.
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Additional Information
- Island
- Oahu
- Stories Type
- Three
- Utilities
- Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
- View
- Mountain
- Easements
- None
- Parking Total
- 28
- Tenants Responsibilities Include
- Cable TV, Electricity, Parking
- Sqft Building
- 13200
- Lot Size
- 23,407
- Construction Materials
- Hollow Tile
- Mls Area Major
- Metro
- Neighborhood
- Kalihi Lower
- Frontage
- Other
- Furnished
- Partial
- Year Built
- 1966
- Tax Amount
- $992
- Total Income
- 346935
- Sewer
- Connected
- Unit Two Bed Number Of
- 18
- Roof
- Custom/Specialty
- Recreation Facilities
- None
- Parking Features
- Assigned
- Lot Features
- Clear
- Amenities
- None
- Total Annual Operating Expenses
- 126305
- Assessed Total
- 3401400
- Assessed Improvement
- 674600
- Assessed Land
- 2726800
- Zoning
- 07 - R-3.5 Residential District
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Listing courtesy of Commercial Inv. Strategies. Selling Office: Non-MLS.
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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