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SOLD
MLS: 201801225
 
Asking Price: $1,599,500 FS - Fee Simple
Sold Price: $1,475,000
Sold Date: 04/23/2018
Type: Multi-Family
District: Metro
Address: 1402 Lusitana Street, Honolulu, HI
Neighborhood: Punchbowl-lower
Land Area: 3,169 SF
View: City
Parking: Covered
Days on Market: 2311
Year Built: 1918
Easements: Other
Zoning: 12 - A-2 Medium Density Apartm
Land Recorded: Regular System
Property Taxes: $988
Assessed Value: $1,157,300,.00
Assessed Ratio: 138.21%
Listing Courtesy: Island Prime Properties LLC
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Over 5.5% CAP possible !!! Great location near Downtown. The 2 residential units ( 3 bed 2 bath & 2 bed 1 bath) upstairs all totally remodeled in 2006 with 9 ft high ceilings, new cabinets, flooring and baths in great condition. Owner lives in one of the units. Commercial spaces includes established Liquor Store with potential to extend lease with increased rents or run it yourself for extra profits !!! Additional 2 other spaces are rented for $3500/ month. Great opportunity to increase rents to market prices. Will sell fast. Will present all offers first come first serve


 
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