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SOLD
MLS: 202321289
 
Asking Price: $1,099,000 FS - Fee Simple
Sold Price: $1,075,000
Sold Date: 12/15/2023
Type: Multi-Family
District: Pearl City
Address: 99-151 Mikalemi Street, Aiea, HI
Neighborhood: Aiea Area
Land Area: 5,140 SF
Parking: Covered,Open
Days on Market: 848
Year Built: 1967
Zoning: 05 - R-5 Residential District
Land Recorded: Regular System
Property Taxes: $280
Assessed Value: $960,000,.00
Assessed Ratio: 114.48%
Listing Courtesy: Marcus Realty
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Incredible multi-family opportunity that doesn't come around often in Aiea! This R-5 zoned property is on a 5,140 square foot corner lot and includes a two-story hollow-title/wood-frame walk-up with one 3br/1ba unit on each floor, a detached 2 br/1ba dwelling in the back of the property, and a carport. One 3 bedroom is currently vacant. 99-151 Mikalemi Street is in a convenient location and within walking distance of neighborhood shopping, bus stops and schools. All tenants share one electric and water meter, with costs being recouped by Property Management via monthly utility allowance charge. Income/Expenses are pro forma. Buyer to do their own diligence on conformity of rental units.


 
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