Listing Image
MLS: 202613377 (Active - For Sale)
 
Asking Price: $3,800,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 2517 Ala Wai Boulevard, Honolulu, HI
Neighborhood: Waikiki
Land Area: 7,476 SF
Parking: Assigned
Amenities: Resident Manager
Days on Market: 16
Year Built: 1942
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $861
Assessed Value: $3,228,400
Assessed Ratio: 117.71%
Listing Courtesy: Commercial Inv. Strategies


Phenomenal return on existing rents with upside! 19 unit apartment building with 2 buildings consisting of 16 studios and 3 one/ones. All units occupied with stable tenant base. Nicely maintained interiors with good layouts w excellent functionality. Coin washer and dryer, resident manager, trash service. Shared driveway on Ewa side, some separate meters for electric, though owner pays electric for all front bldg and 2 back bldg units, gas, and water. Do not walk property nor disturb the tenants. Bill 7 development possible, owner has some dd items to share with accepted offer.


 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.