TURNKEY 9-unit (Gated/Secured) Multi-Family Property in Kalihi. $14,400/month current scheduled Income. 9 (large approx. 640sf) 2-bedroom units with 5 parking stalls. Most units fully renovated. Value add opportunity exists to raise rents on remaining under-market units and charge back for UTILITIES. Solid Concrete building with NEW approx. $70,000 ROOF/ROOF HATCH. (Installed 11-2022 by Kapili Construction). Spall Repairs completed and NEW water main shutoff valve installed in 2022. Residential Property Tax Rate (Residential Dedication in place). Self-Managed All units have lanai with washer hookups with sink. Ground Floor units have fenced-in backyard lanais. Recently installed Hawaiian Tel FIBER OPTIC lines in each unit. Owner receives 10% share of income from subscribers.
Listing courtesy of CBI Residential Advisory Svcs..
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