Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202506689 $1,100,000
Bedrooms with 0 Baths516 PANUI STREET
HONOLULU HI 96817MLS: 202506689
Status: ACTIVE
List Price: $1,100,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1972
Zip Code: 96817
Listing Remarks
High-Yield Investment Property - 4 Units! Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1-bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location! Will update expenses shortly. First Open Sunday, March 16, 2025, 1-4pm!
Address: 516 PANUI STREET HONOLULU HI 96817
Listing Courtesy of IVY K REALTY, 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: 2025-03-11 AREA: METRO YEAR BUILT: 1972 TAXES: $3,378 ARCHITECTURAL STYLE: Fourplex CONSTRUCTION: SingleWall COMMUNITY FEATURES: None, StorageFacilities FURNISHED: Partially LOT FEATURES: Cleared, InteriorLot, Level PARKING FEATURES: Open PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 4 VIEW: None LISTING AGENT: MARC T KUMAI LISTING OFFICE: IVY K REALTY, LLC LISTING CONTACT: (808) 591-5660
Estimated Monthly Payments
List Price: $1,100,000 20% Down Payment: $220,000 Loan Amount: $880,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $5,562 Estimate does not include taxes, fees, insurance.
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Property Location: 516 PANUI STREET HONOLULU HI 96817
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: 2025-04-01