Metro Condo sold: Executive Centre Unit 3601, Metro, Hawaii

SOLD
MLS: 201827600
Condo: Executive Centre #3601

Asking Price: $375,000 FS - Fee Simple
Sold Price: $345,000
Sold Date: 07/09/2019
Type: Condominium
District: Metro
Address: 1088 Bishop Street, Honolulu, HI
Neighborhood: Downtown
Beds: 1 Baths: 1
Living Area: 525 SF
Land Area: 1.34 Acres
View: City,Marina/Canal,Mountain
Parking: Assigned,Covered - 1,Secured Entry
Amenities: Community Laundry,Meeting Room,Pool on Property,Restaurant,Security Guard,Trash Chute,Whirlpool
Days on Market: 2678
(The Price of the property was lowered by $20,000 on 11/27/2018)
Year Built: 1984
Zoning: 34 - BMX-4 Central Business Mi
Land Recorded: Dual Systems
Property Taxes: $388,.13
Assessed Value: $356,400,.00
Assessed Ratio: 105.22%
Listing Courtesy: BHGRE Advantage Realty

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Beautiful, high floor apartment with stunning views in a building that allows short term vacation rentals. Unit currently managed by Aston Hotel in the building with current occupancy rate YTD of about 87%. Fantastic income producing investment. FEE SIMPLE so there's no need to bother with the multiple calculations of all the fees involved in buying the fee interest. Elegantly upgraded and furnished to attract hotel guests. Sample Rental income statement available in supplements.

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