927 Spencer Street, Honolulu, HI 96822

$2,400,000

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List Price
$2,400,000
Status
ACTIVE
Type
Multifamily
MLS#
202619361
Days on Market
1
Land Area
6,840
Year Built
1957
Property Type
Residential
Neighborhood
Punchbowl
Land Tenure
FS - Fee Simple

Property Description

OUTSTANDING VALUE AT JUST $200,000 PER UNIT! 5.4% CAP!!! Excellent opportunity to acquire a fee simple, 12-unit multifamily investment property in the desirable Punchbowl neighborhood! Featuring three separate fourplex buildings, each with four 1-bedroom, 1-bath units, on a 6,840 sq. ft. parcel. All 12 units are currently rented, providing an established income stream. Additional features include 4 parking stalls, separately metered electricity paid by tenants, coin-operated laundry facilities, and on-site storage for select units. Conveniently located near Downtown Honolulu, major employment centers, shopping, dining, and public transportation. An attractive investment opportunity at a compelling price per unit!

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
View
City
Lot Size
6,840
Construction Materials
Hollow Tile, Masonry, Concrete, Stucco
Neighborhood
Punchbowl
Year Built
1957
Sewer
Connected
Parking Features
Assigned
Lot Features
Cleared
Style
Fourplex
Stories
2
Assessed Total
1946900

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Calculator source: Real Geeks

Listing courtesy of CBI Residential Advisory Svcs..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 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.

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