Status

SOLD

Type

Multifamily

MLS#

202112134

Sold Price

$2,700,000

List Price

$2,395,000

Days on Market

15

Closing Date

Jul 30, 2021

Land Area

10,055

Year Built

1965

Year Remodeled

1969

Neighborhood

Wahiawa

Land Tenure

FS - Fee Simple

Property Description

Income property in Wahiawa Town! Wonderful opportunity for a cash flow investor, with a solid rent roll. $16K+ gross rents per month! 5%+ cap rate on actual cash flow! 14 total units: (12) 2-bedroom units and (2) 1-bedroom units. 14 parking. New fence surrounds the property for added privacy/security. Location convenient to many amenities nearby: shopping, restaurants, and much more in charming Wahiawa Town, 30min to Haleiwa.

Additional Information

Island

Oahu

Stories Type

Three

Utilities

Cable, Internet, Other, Public Water, Sewer Fee, Telephone, Water

View

Other

Easements

Other

Parking Total

14

Tenants Responsibilities Include

Cable TV, Electricity

Sqft Building

5492

Elementary School

Kaala

Middle School

Wahiawa

High School

Leilehua

Lot Size

10,055

Unit One Bed Number Of

2

Construction Materials

Above Ground, Concrete, Hollow Tile, Other

Mls Area Major

Central

Neighborhood

Wahiawa

Frontage

Lake/Pond

Year Built

1965

Year Remodeled

1969

Tax Amount

$501

Total Income

198588

Sewer

Connected

Unit Two Bed Number Of

12

Roof

Other

Parking Features

Assigned, Covered, Open

Lot Features

Other

Amenities

Other

Total Annual Operating Expenses

90148

Assessed Total

1719000

Assessed Improvement

616000

Assessed Land

1103000

Zoning

12 - A-2 Medium Density Apartme