Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202505617 $2,900,000
Bedrooms with 0 Baths1240 YOUNG STREET
HONOLULU HI 96814MLS: 202505617
Status: ACTIVE
List Price: $2,900,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1961
Zip Code: 96814
Listing Remarks
COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.
Address: 1240 YOUNG STREET HONOLULU HI 96814
Listing Courtesy of COMMERCIAL INV. STRATEGIES
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: 2025-02-26 AREA: METRO BUILDING AREA TOTAL: 5088 YEAR BUILT: 1961 TAXES: $7,887 CONSTRUCTION: HollowTile COMMUNITY FEATURES: None FURNISHED: Partially LAUNDRY FEATURES: InUnit LOT FEATURES: Cleared, InteriorLot, Level PARKING FEATURES: Assigned PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 10 VIEW: None LISTING AGENT: CHRISTINA L DWIGHT LISTING OFFICE: COMMERCIAL INV. STRATEGIES LISTING CONTACT: (808) 429-1098
Estimated Monthly Payments
List Price: $2,900,000 20% Down Payment: $580,000 Loan Amount: $2,320,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $14,664 Estimate does not include taxes, fees, insurance.
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Property Location: 1240 YOUNG STREET HONOLULU HI 96814
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: 2025-03-12