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MLS: 202609304 (Active - For Sale)
 
Asking Price: $3,499,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 48 N School Street, Honolulu, HI
Neighborhood: Nuuanu-lower
Land Area: 7,857 SF
View: City,Garden
Parking: Covered
Amenities: A/C
Days on Market: 29
Year Built: 1955
Easements: Electric
Zoning: 11 - A-1 Low Density Apartment
Land Recorded: Regular System
Property Taxes: $526
Assessed Value: $1,818,900
Assessed Ratio: 192.37%
Listing Courtesy: Hawaii Modern Realty
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All Multi-Family Homes For Sale in Nuuanu-lower


Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.

3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
251067807/07/200501/06/2006$1,500,000$1,350,000
20142311712/15/201409/28/2015$1,950,000$1,720,000
20212942011/19/202103/17/2022$3,000,000$2,625,000

 
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.
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