1240 Young Street, Honolulu, HI 96814
- $2,650,000
- Sold Price
- $2,650,000
- List Price
- $2,800,000
- Status
- CLOSED
- Type
- Multifamily
- MLS#
- 202505617
- Days on Market
- 86
- Closing Date
- May 23, 2025
- Land Area
- 7,921
- Year Built
- 1961
- Property Type
- Residential
- Neighborhood
- Makiki
- Land Tenure
- FS - Fee Simple
Property Description
COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.
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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
- 7,921
- Construction Materials
- Hollow Tile
- Neighborhood
- Makiki
- Frontage
- Other
- Furnished
- Partially
- Year Built
- 1961
- Sewer
- Connected
- Parking Features
- Assigned
- Lot Features
- Cleared, Interior Lot, Level
- Stories
- 2
- Assessed Total
- 2493600
- Water
- Public
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Listing courtesy of Commercial Inv. Strategies. Selling Office: Locations LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 429-1098