Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202420582 $689,000 1 Beds /1 Baths
MLS #: 202420582 Status: ACTIVE WITH CONTINGENCY List Price: $689,000 Price SQFT: $1,293 City: HONOLULU
Beds: 1 Baths: 1 SqFt: 533 Year: 1977 Zip: 96815
Listing Remarks
This high-floor unit in the Waikiki Banyan Tower-1 offers partial ocean view from lanai and is just minutes away from Waikiki Beach, premier shopping, and fine dining. Currently enrolled in the Aqua-Aston Hotel Rental Program, this unit provides a perfect balance of personal use and investment income. It is in great condition, thanks to daily maid service and maintenance provided by the hotel rental program. Elevator modernization and renovation of the amenity deck on the 6th floor are in progress. Fire sprinklers and recently installed new DWV piping system throughout the building add to the overall value and peace of mind. While the unit comes with the sandwich lease ($52.20 per month), it will end in November 2035, after which the property will be 100% fee simple property. Special assessment is $570.78 per month until December 2025. This is an incredible opportunity to own a property with excellent rental potential and long-term value. Don't miss out on this exceptional opportunity!
Address: 201 OHUA AVENUE 2902-I HONOLULU HI 96815
Listing Courtesy of MAP VISION INC.
Listing Photos
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Last Updated: 2025-04-18