Linda McCabe and Erin McCabe with Coldwell Banker Island Properties
Hawaii Condo ManiaMLS: 202226278 $2,500,000
Bedrooms with 0 Baths87-274D ST JOHNS ROAD
WAIANAE HI 96792MLS: 202226278
Status: ACTIVE
List Price: $2,500,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1946
Zip Code: 96792
Listing Remarks
FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000. With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience. Key investment features: Modern kitchens with new appliances (refrigerator and stove) Expansive, fenced yards with washer/dryer hookups Two-car carports for each home All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
Address: 87-274D ST JOHNS ROAD WAIANAE HI 96792
Listing Courtesy of HAWAII REAL ESTATE PROPERTIES
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
Request More Information
Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2022-12-27 AREA: LEEWARD YEAR BUILT: 1946 TAXES: $4,164 CONSTRUCTION: DoubleWall, WoodFrame COMMUNITY FEATURES: None LAUNDRY FEATURES: None LOT FEATURES: CulDeSac, FlagLot, Level PARKING FEATURES: Covered PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 5 VIEW: None LISTING AGENT: ASH TAWFIK LISTING OFFICE: HAWAII REAL ESTATE PROPERTIES LISTING CONTACT: (808) 218-0864
Estimated Monthly Payments
List Price: $2,500,000 20% Down Payment: $500,000 Loan Amount: $2,000,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $12,641 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 87-274D ST JOHNS ROAD WAIANAE HI 96792
This Listing
Active Listings Nearby
Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
Search Listings
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2024 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Information Deemed Reliable But Not Guaranteed. The information being provided is 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. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2024-11-22