1416 Middle Street

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Address: 1416 Middle St, Honolulu, HI 96819, USA
Created date: July 17, 2024
Date last updated: July 17, 2024

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,000,000
No. of Units: 18
Year Built: 1966
Lot Size: 13,200.00 Sq ft
Opportunity Zone: No
Price per unit: $222,222
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1416 Middle St, Honolulu, HI 96819, USA
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