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SOLD
MLS: 202316472
 
Asking Price: $1,400,000 FS - Fee Simple
Sold Price: $1,050,000
Sold Date: 11/09/2023
Type: Multi-Family
District: Metro
Address: 1722 Democrat Street, Honolulu, HI
Neighborhood: Kapalama
Land Area: 5,000 SF
Parking: Open
Days on Market: 881
Year Built: 1937
Zoning: 42 - I-2 General Industrial Di
Land Recorded: Regular System
Property Taxes: $411,.31
Assessed Value: $1,409,800,.00
Assessed Ratio: 99.3%
Listing Courtesy: Pacific Management Group LLC
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Valuable commercial-zoned 5000 sf lot with a Hollow tile Apartment Building with 4 units. Each unit has 1 bedroom / 1 bathroom previously rented at $1300-$1350 / month. Four hollow-tile units were built in 1960, each with a lanai. . 6 assigned parking stalls. Possible conversion to commercial use or add another structure? Buyer to do their own due diligence. The property is being conveyed in as-is condition no repairs or concessions are to be granted. Located close to freeway access 3 blocks from Dillingham Blvd. The units are in need of some updating and need work but a little sweat equity can go a long way! Recently had homeless issues, so, please call listing agents for access/showings instructions. PLEASE DO NOT WALK ON TO THE PROPERtY WITHOUT AN APPOINTMENT.


 
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