208 Kuahiwi Avenue, Wahiawa, HI 96786

$1,600,000
List Price
$1,600,000
Status
ACTIVE
Type
Multifamily
MLS#
202108561
Days on Market
15
Land Area
5,700
Year Built
1938
Neighborhood
Wahiawa
Land Tenure
FS - Fee Simple

Property Description

Great investment opportunity in the heart of Wahiawa! Recently renovated 2021, this one-story Multi family home is grandfathered w/ 7 permitted units. Property consists of (5) 1-bedroom units & (2) studio units & 4 parking stalls. 1 water meter; all units separately metered for electric. No laundry-ability to add coin and increase income. New roof, upgraded electrical/plumbing, new kitchens w/ all stainless steel refrigerator & range & new bathrooms. Take advantage of this income producing property in world famous Wahiawa. Property is currently 100% tenant occupied, no vacancies! All tenants current on rent. Seller can offer seller financing PMM w/ 20% down at 3% annual interest rate amortized over 30 years, w/ a 5-10 year term. 5.7% CAP Rate. $8,700 monthly rent. Net rent is $104,400

Additional Information

Island
Oahu
Stories Type
One
Utilities
Overhead Electricity, Public Water
View
None
Easements
None
Parking Total
4
Tenants Responsibilities Include
None
Elementary School
Kaala
Middle School
Wahiawa
High School
Leilehua
Lot Size
5,700
Unit One Bed Number Of
5
Construction Materials
Double Wall, Wood Frame
Mls Area Major
Central
Neighborhood
Wahiawa
Studio Units Number Of
2
Frontage
Other
Furnished
Partial
Year Built
1938
Tax Amount
$166
Sewer
Other
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Assigned
Lot Features
Clear
Amenities
None
Year Remodeled
2021
Assessed Total
569200
Assessed Improvement
134500
Assessed Land
434700

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 Inspired Life Realty, 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: 2021 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.