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MLS: 202528167 (Active - For Sale)Condo: Pacific Islander #701A
 
Asking Price: $241,700 FS - Fee Simple
Type: Condominium
District: Metro
Address: 249 Kapili Street, Honolulu, HI
Maintenance Fee: 1461.00
Neighborhood: Waikiki
Beds: 1   Baths: 2
Living Area: 454 SF
Land Area: 6,708 SF
View: City
Parking: None,Street
Amenities: Community Laundry
Days on Market: 3
Year Built: 1974
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $82
Assessed Value: $281,400
Assessed Ratio: 85.89%
Listing Courtesy: Halepuna Real Estate Hawaii
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All Units For Sale in Pacific Islander


Lots of potential with this rare top floor 1 Bedroom/2 Bath "value add" opportunity at Pacific Islander. Property is being rented as two separate studios - each with their own entrance and full bath. Unit 701A has an updated kitchenette but both units have a lot of upside potential - tenants are paying below market rents - $1100/month each. Located in the heart of Waikiki, Pacific Islander is a pet friendly building and is just a short distance from Waikiki Beach as well as numerous shops and tasty restaurants. The building has community laundry and parking stalls are available for rent by waitlist. Bike/Moped/Motorcycle parking is also available. Maintenance Fee includes Electricity, Water/Sewer, Hot Water & Basic Cable and the building also has secured "key fob" entrance. Great opportunity rent out both units or live in one and earn rental income on the other.

2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
989680109/15/199611/27/1996$118,000$115,000
20202936311/27/202001/29/2021$149,000$145,000

 
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