Listing Image
MLS: 202514542 (Active - For Sale)
 
Asking Price: $2,888,000 FS - Fee Simple
Type: Residential
District: Metro
Address: 1640 Lusitana Street, Honolulu, HI
Neighborhood: Punchbowl Area
Beds: 10   Baths: 10
Living Area: 3,634 SF
Style: Multiple Dwellings
Land Area: 12,285 SF
View: Garden
Parking: 3 Car+,Street
Days on Market: 275
Year Built: 1958
Zoning: 07 - R-3.5 Residential District
Land Recorded: Regular System
Property Taxes: $626
Assessed Value: $251,800
Assessed Ratio: 1146.94%
Listing Courtesy: Commercial Inv. Strategies


Live in one, rent out the others! Perfect starter investment property. Huge lot with space in back for yard/ garden/ possible duplex. Owner was told the back part of the lot could be developed with a home, and has driveway plan for accessing it separately, if you subdivide (***Buyer to confirm with their own due diligence***). Convenient location less than half a mile from downtown Honolulu, hollow tile construction with 10 one bedrooms, 10 parking. All units pay their own electric. CAM meters for electric, gas (for dryer), and water. Property is self-managed, and has owned coin laundry.


 
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