Linda McCabe and Erin McCabe with Coldwell Banker Island Properties
Hawaii Condo ManiaMLS: 202403902 $14,000,000
Bedrooms with 0 Baths1650 YOUNG STREET
HONOLULU HI 96826MLS: 202403902
Status: ACTIVE
List Price: $14,000,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1973
Zip Code: 96826
Listing Remarks
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Address: 1650 YOUNG STREET HONOLULU HI 96826
Listing Courtesy of REAL ESTATE SPECIALISTS
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2024-02-20 AREA: METRO YEAR BUILT: 1973 TAXES: $19,560 HOA AMENITIES: Management APPLIANCES INCLUDED: Dryer, Washer CONSTRUCTION: Concrete COMMUNITY FEATURES: TrashChute LAUNDRY FEATURES: CoinOperated LOT FEATURES: Cleared, Level PARKING FEATURES: Assigned, Covered, Open PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 42 VIEW: City, Mountains LISTING AGENT: DEREK C LAU LISTING OFFICE: REAL ESTATE SPECIALISTS LISTING CONTACT: (808) 791-3709
Estimated Monthly Payments
List Price: $14,000,000 20% Down Payment: $2,800,000 Loan Amount: $11,200,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $70,792 Estimate does not include taxes, fees, insurance.
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Property Location: 1650 YOUNG STREET HONOLULU HI 96826
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2024-11-22