1319 Matlock Ave

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Address: 1319 Matlock Ave, Honolulu, HI 96814, USA
2-4 Units
Created date: November 29, 2023
Date last updated: February 20, 2024

2 Three-Bed Units
Parking: 7
Zoning: A-2
Year Built: 2005
Land SQFT: 6,750
Interior SQFT: 2,248

Portfolio Description

Centrally-Located Rare Find, Newer Construction! Legal duplex not yet 20 years old with TWO three-bedroom, two-bath units and better than 1:1 parking—ability to earn add’l income for reserved stalls from tenants or neighbors. Desirable laundry inside units and whisper quiet interiors despite proximity to the freeway (double pane windows and split AC) mean higher rental rates. All utilities (electric AND water) separately metered with two separate, owned solar systems bringing electric bills way down for heating hot water. Stand alone shed w/ power for storage or add’l rental income. Existing termite warranty.

Portfolio Key Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: 2-4 Units
Price: $ 1,799,000
No. of Units: 2
Cap Rate: 3.42%
Year Built: 2005
Building Size: 2248 Sq ft
Lot Size: 6,750 Sq ft
No. of Stories: 2
Opportunity Zone: No
Price per unit: $899,500
Portfolio Website Click Here
Address: 1319 Matlock Ave, Honolulu, HI 96814, USA

FINANCIAL DETAILS

Income/expense info: Actual
Effective Gross income: 75300
Operating expenses: 13816
Net operating income: 61484

Additional contacts

Full name Phone number Email address
Christina L Dwight +18084291098 assist@commercialinvestmentstrategies.com

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