Status

SOLD

Type

Multifamily

MLS#

202213877

Sold Price

$780,000

List Price

$780,000

Days on Market

70

Closing Date

Feb 07, 2023

Land Area

5,750

Year Built

1927

Neighborhood

Wahiawa

Land Tenure

FS - Fee Simple

Property Description

Two detached homes for the price of one. Front house has a 2-bedroom, 1-bath apt with an attached hair salon. A 2-bedroom, 1-bath cottage is tucked away in back, separated by a landscaped yard. Historic details include the Old-West style false front, along with high ceilings and tongue & groove paneling. All three units occupied at below-market rents on mo.-to-mo. leases totaling $3,700/mo. Zoned A-2, the 5,750 sf landscaped lot is on a side street, a short walk to shopping, restaurants and Kamehameha Hwy. New exterior paint in the past year. Salon use is non-conforming, but dates back to 1983. Recent property tax appeal lowered the taxes significantly.

Additional Information

Island

Oahu

Stories Type

One

Utilities

Cable, Internet, Overhead Electricity, Public Water

View

Mountain

Easements

None

Parking Total

4

Tenants Responsibilities Include

Cable TV, Electricity

Sqft Building

1560

Elementary School

Kaala

Middle School

Wahiawa

High School

Leilehua

Lot Size

5,750

Construction Materials

Single Wall

Mls Area Major

Central

Neighborhood

Wahiawa

Year Built

1927

Tax Amount

$335

Total Income

44400

Sewer

Connected

Unit Two Bed Number Of

2

Roof

Aluminum/Steel, Asphalt Shingle, Composition, Pitch & Gravel

Parking Features

Assigned, Covered

Lot Features

Other

Amenities

Other

Total Annual Operating Expenses

11362

Assessed Total

731500

Assessed Improvement

164100

Assessed Land

567400

Zoning

12 - A-2 Medium Density Apartme