| MLS: 202609304 (Active - For Sale) Asking Price: $3,499,000 FS - Fee Simple Type: Multi-Family District: Metro Address: 48 N School Street, Honolulu, HI Neighborhood: Nuuanu-lower Land Area: 7,857 SF View: City,Garden Parking: Covered Amenities: A/C Days on Market: 29 Year Built: 1955 Easements: Electric Zoning: 11 - A-1 Low Density Apartment Land Recorded: Regular System Property Taxes: $526 Assessed Value: $1,818,900 Assessed Ratio: 192.37% Listing Courtesy: Hawaii Modern Realty |
Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.
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