Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202424671 $2,323,000
Bedrooms with 0 Baths2827-B WAIALAE AVENUE
HONOLULU HI 96826MLS: 202424671
Status: ACTIVE
List Price: $2,323,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1939
Zip Code: 96826
Listing Remarks
Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.
Address: 2827-B WAIALAE AVENUE HONOLULU HI 96826
Listing Courtesy of EXP REALTY
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: 2024-11-01 AREA: METRO YEAR BUILT: 1939 TAXES: $5,689 CONSTRUCTION: DoubleWall, Concrete, SingleWall, WoodFrame COMMUNITY FEATURES: Other, StorageFacilities INTERIOR FEATURES: HandicapAccess LAUNDRY FEATURES: CoinOperated LOT FEATURES: InteriorLot, Other, Level PARKING FEATURES: Assigned PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 6 VIEW: Canal, Garden, Mountains LISTING AGENT: LOREN BA GRAHAM LISTING OFFICE: EXP REALTY LISTING CONTACT: (808) 725-2794
Estimated Monthly Payments
List Price: $2,323,000 20% Down Payment: $464,600 Loan Amount: $1,858,400 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $11,746 Estimate does not include taxes, fees, insurance.
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Property Location: 2827-B WAIALAE AVENUE 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: 2024-11-26