Bought with Non-MLS
$4,250,000
$4,000,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
1416 Middle ST Honolulu, HI 96819
Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kalihi-Lower
MLS Listing ID 202415565
Sold Date 09/20/24
Construction Status Average Condition
Year Built 1966
Annual Tax Amount $11,906
Property Description
OPPORTUNITY KNOCKS to Value Add with Excellent Actual Income: 18 LARGE TWO-BED UNITS close to freeway in all directions located in the heart of Metro Honolulu. Cap ex include: brand new parking lot, roof, and lanai spalling. 28 parking stalls--all but 1 rented for extra income. All units are separately metered for electric, w/ master meter for CAM electric; one gas meter for heater and dryers only (no gas appliances inside units), and one water meter. Each unit is sub metered and water/sewer is charged back to the tenants. W/D machines are leased for about $120/mo but PM collects coins for add' income. Buyer to accept existing survey performed by Ailana Survery on May 14, 2024.
Location
State HI
County Oahu
Area Metro
Interior
Furnishings Partially
Fireplace No
Appliance Dryer, Washer
Laundry Coin-operated
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View Mountain(s)
Total Parking Spaces 28
Building
Lot Description Cleared, Interior Lot, Level
Entry Level Three Or More
Sewer Connected
Water Public
Level or Stories Three Or More
Construction Status Average Condition
Others
Tax ID 1-1-3-011-020-0000
Financing Conventional
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
