RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside. 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. |