Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048

MLS: 202506689     $1,100,000     Beds /0 Baths

MLS #:202506689
Status:ACTIVE
List Price:$1,100,000
Price SQFT:$0
City: HONOLULU
Beds:
Baths:0
Year:1972
Zip: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

Listing Photos


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Last Updated: 2025-04-02