| SOLD MLS: 202509428 Asking Price: $1,880,000 FS - Fee Simple Sold Price: $1,930,000 Sold Date: 05/27/2025 Type: Multi-Family District: Metro Address: 1413 Emerson Street, Honolulu, HI Neighborhood: Punchbowl-lower Land Area: 6,480 SF View: City Parking: Assigned Days on Market: 265 Year Built: 1947 Zoning: 12 - A-2 Medium Density Apartm Land Recorded: Regular System Property Taxes: $440 Assessed Value: $1,476,400,.00 Assessed Ratio: 127.34% Listing Courtesy: Apartment Advisors LLC | Google Map County Records Print Version |
Perfect turn key investment property! Renovated interiors, newly painted exterior, and stabilized rents with great cashflow! All the work is done! High demand rental area with close proximity to Queen's Hospital, Straub Hospital, Downtown Honolulu and more. Seven (7) - 2 Bed / 1 Bath and Three (3) - 1 Bed / 1 Bath apartment units. Strong Cashflow generating over $14k in gross rents and an in place 6.2% CAP rate on stabilized income and expenses.
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