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Discover a rare opportunity to own an 11-unit apartment building in the highly desirable Wilikina area. Perfectly designed for income generation, this property features eleven 1-bedroom units, each with a dedicated parking stall, offering convenience and appeal to tenants. Recent upgrades in 2023, including a new roof and fresh exterior paint, enhance the building's curb appeal and long-term durability. A coin-operated community laundry area on the ground floor provides an additional revenue stream. Conveniently located near schools, shopping centers, restaurants, and highways, this property ensures ease of access for residents while maintaining strong rental demand. Whether you're starting your investment journey or expanding an existing portfolio, this property is a must-see! Current income and expenses reflect 9 rented units, leaving room for even greater earning potential. Net income of $111,900 for 9 units with CAP rate about 5.6% (Still has 2 units vacant to add more income). Schedule a viewing today and take the first step toward securing your future income!
| DAYS ON MARKET | 4 | LAST UPDATED | 1/21/2025 |
|---|---|---|---|
| TRACT | WILIKINA | YEAR BUILT | 1974 |
| COMMUNITY | Central | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Central |
|---|---|
| CONSTRUCTION | Stucco |
| LOT | 8314 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| STORIES | 3+ |
| SUBDIVISION | WILIKINA |
| TAXES | 4020 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | 12 - A-2 Medium Density Apartme |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Five Star Realty, Inc.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 1/24/25 12:43 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 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 1/24/25 12:43 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 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 2025.
