Listing Image
MLS: 202617450 (Active - For Sale)
 
Asking Price: $1,200,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1025 Spencer Street, Honolulu, HI
Neighborhood: Punchbowl Area
Land Area: 2,378 SF
View: Sunrise,Sunset
Parking: Assigned,Covered
Days on Market: 2
Year Built: 1963
Easements: Electric,Other,Sewer,Water
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $441
Assessed Value: $1,112,900
Assessed Ratio: 107.83%
Listing Courtesy: Tsujimura & Associates, LLC


PRIME TOWN LOCATION INCOME OPPORTUNITY! Well-maintained and versatile legal 2-unit property in a convenient Honolulu location, offering an excellent opportunity for an owner-occupant or investor. Live in one unit while renting the other or take advantage of the property’s income-producing potential. The upstairs 3-bedroom/2-bath unit features a spacious 120-sq-ft rear lanai, while the downstairs 1-bedroom/1-bath unit offers additional flexibility. The property also includes a separate rec room with wet bar and bath rented separately. Three separate electrical meters, two water meters, washer/dryer setups, window AC, and a 2-car carport add convenience and functionality. Enjoy a private side yard with mature fruit-bearing mountain apple, avocado, and lime trees. Conveniently located near Downtown Honolulu, Waikiki, UH, shopping, restaurants, freeway access, hospitals, and Honolulu International Airport. A unique opportunity to own a flexible, income-producing property with valuable outdoor space in town.


 
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