Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202427991 $3,400,000
Bedrooms with 0 Baths2459 KAPIOLANI BOULEVARD
HONOLULU HI 96826MLS: 202427991
Status: ACTIVE
List Price: $3,400,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1953
Zip Code: 96826
Listing Remarks
Rare opportunity to own a multi-family property in a prime location on Kapiolani Blvd! This large 9,503 square feet A-3 zoned land is in the McCully/Moiliili neighborhood between University Ave and Kamoku Street. The property has 10 units total: 6 one-bedroom, one-bath units and 4 two-bedroom, one-bath units. 9-pkg stalls, 11 electric meters, 1 water meter, on-site common coin (owned) W/D laundry. The building is not in a flood zone & has C&C trash pick-up service, a potential $15-20K savings. Front bldg: 2 stories. Hollow tile (built 1959). 6 spacious one-bedroom, one-bath units (504 sqft). 1st floor units with courtyard. Back bldg: 2 stories. Hollow tile on 1st floor & wood frame on 2nd floor (built 1953). 4 two-bedroom, one-bath units (563 sqft). Fully occupied - primarily long-term tenants, most on MTM. Current rents are below market allowing buyer room to upgrade units and maximize income. Ideally located between University of Hawaii at Manoa and Waikiki. Convenient to Iolani School / Ala Wai Elementary School, UH, Ala Wai Golf Course, Parks, Diamond Head, McCully and Ala Moana Shopping Center, on/off freeway, bus lines, and more!
Address: 2459 KAPIOLANI BOULEVARD HONOLULU HI 96826
Listing Courtesy of LOCATIONS LLC
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: 2024-12-09 AREA: METRO BUILDING AREA TOTAL: 5280 YEAR BUILT: 1953 TAXES: $9,140 APPLIANCES INCLUDED: Dryer, Washer CONSTRUCTION: Masonry, Stucco, WoodFrame COMMUNITY FEATURES: None LAUNDRY FEATURES: CoinOperated LOT FEATURES: Cleared, Level PARKING FEATURES: Assigned, Open PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 10 VIEW: City, Mountains LISTING AGENT: STEPHANIE L CHAN LISTING OFFICE: LOCATIONS LLC LISTING CONTACT: (808) 735-4200
Estimated Monthly Payments
List Price: $3,400,000 20% Down Payment: $680,000 Loan Amount: $2,720,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $17,192 Estimate does not include taxes, fees, insurance.
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Property Location: 2459 KAPIOLANI BOULEVARD 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: 2024-12-18