1346 10th Ave
• 4 Buildings: 4 Units:
1 One-Bed, 3 Two-Bed
• Parking: 4
• Zoning: R-5
• Year Built: 1940
• Land SQFT: 9,850
• Interior SQFT: 2,623
Property Description
FOUR separate houses in super desirable location just off Waialae Ave blocks shops, restaurants, and around the corner from Tamura’s on 10th. Unit mix is 1 one-bed, 3 two-beds situated on a shared driveway with mostly-covered tenant parking. Stellar rental potential as conservative market rents for the area show about a $400 shortfall on existing rents for each unit type. All tenants MTM. All units have been completely re-wired, some copper plumbing, 3 year old roofs and new paint. Gas is available, separate electric meters. Two 2-beds have separate water meters; 1 bed and 3 bed share a water meter). Great for stable investment income, extended family living or first-time investor looking to live in one and rent the others.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | 2-4 Units | Apartments |
| Price: | $1,713,000 |
| No. of Units: | 4 |
| Cap Rate: | 3.11% |
| Average Occupancy: | 100 |
| Year Built: | 1940 |
| Building Size: | 2,623 Sq ft |
| Lot Size: | 9,850.00 Sq ft |
| No. of Stories: | 2 |
| APN: | 1-3-3-005-047-0000 |
| Zoning Code: | R-5 Residential District |
| Opportunity Zone: | No |
| Price per unit: | $428,250 |
| Property Website | Click Here |
FINANCIAL DETAILS
| Income/expense info: | Actual |
|---|---|
| Gross income: | 74100 |
| Effective Gross income: | 74100 |
| Operating expenses: | 20856 |
| Net operating income: | 53244 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Christina Dwight | 8084291098 | [email protected] |
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