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CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on "known" rental period to 2027. Lease ends in 2037.
| DAYS ON MARKET | 79 | LAST UPDATED | 5/30/2024 |
|---|---|---|---|
| TRACT | PALAMA | YEAR BUILT | 1991 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Likelike |
|---|---|
| Jr. High School | Keelikolani |
| High School | Mckinley |
| ADDITIONAL DETAILS | |
| AREA | Metro |
|---|---|
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| STORIES | 3 |
| SUBDIVISION | PALAMA |
| TAXES | 9600 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Savio Realty Ltd.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 11/23/24 5:27 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2024 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 11/23/24 5:27 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2024 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2024.
