Listing Image
MLS: 202618996 (Active - For Sale)
 
Asking Price: $1,650,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 2112 Fern Street, Honolulu, HI
Neighborhood: Moiliili
Land Area: 6,000 SF
Parking: Assigned
Days on Market: 0
Year Built: 1958
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $525
Assessed Value: $1,800,000
Assessed Ratio: 91.67%
Listing Courtesy: Commercial Inv. Strategies


Priced below assessed value! Centrally located six-unit apartment building with two structures features 6 one-bedroom units, 6 parking on 6,000SF of A-2 zoned land. All units feature hardwood floors and appealing layouts, with current rents below market presenting increased income potential. Parking area recently repaved, property roof repaired in 2016. Existing laundry machines are tenant-owned, offering an additional opportunity for an investor to install coin-operated machines for new income stream. No CAM electric, LL pays water, Buyer to accept existing survey performed by DJNS on 12/17/2015.


 
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