2021 Wilcox Lane, Honolulu, HI 96819

List Price
$2,388,000
Status
ACTIVE
Type
Multifamily
MLS#
202517507
Days on Market
17
Land Area
5,021
Year Built
1965
Property Type
Residential
Neighborhood
Kapalama
Land Tenure
FS - Fee Simple

Property Description

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.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View
None
Lot Size
5,021
Construction Materials
Hollow Tile, Concrete
Neighborhood
Kapalama
Year Built
1965
Sewer
Connected
Parking Features
Assigned
Lot Features
Cleared, Level
Assessed Total
1987500
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CBI Residential Advisory Svcs..

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