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Soldier to Soldier Hawaii

2032 Kapiolani Boulevard, Honolulu, HI 96826 (MLS # 202506283)

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PRICE $2,600,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 3,706 sqft
LOT SIZE 5,000.00 ac

This eight-unit, two-story walk-up apartment building is ideally located near Kapiolani Blvd and McCully St, offering convenient access to Waikiki, the Kapiolani corridor, public transportation, shopping, and more. Five of the units have been remodeled within the past year, while the remaining three have received partial upgrades. Significant improvements include copper plumbing conversions, ABS drain line upgrades on the second floor, and a silicone-coated roof completed last year. Additionally, each unit is individually metered for electricity, keeping utility costs low. The building is fully occupied, with all leases on a month-to-month basis. Previously, due to maintenance issues, full occupancy was not maintained, but all concerns have been addressed. Since rental income was lower in previous years and full occupancy has only been achieved in the last six months, I have prepared a pro forma analysis outlining projected income, expenses, and net income. This property is a steady income earner with low maintenance and operational costs, is easy to rent, and does not require an on-site manager.

DAYS ON MARKET 9 LAST UPDATED 3/5/2025
TRACT MOILIILI YEAR BUILT 1957
COMMUNITY Metro COUNTY Oahu
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Lunalilo
Jr. High School Washington
High School Kaimuki


ADDITIONAL DETAILS
AREA Metro
LOT 5000 acre(s)
LOT DESCRIPTION Cleared, Level, Other
STORIES 2
SUBDIVISION MOILIILI
TAXES 5099.04
UTILITIES Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Connected
VIEW DESCRIPTION None
WATER Public
WATERFRONT DESCRIPTION Other
ZONING 12 - A-2 Medium Density Apartme
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Neal Fineman Property Mgmt
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 3/14/25 5:52 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.

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