Home for Sale at 1812 Algaroba Street, Honolulu, HI 96826

 
 
 
 
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     For additional information, contact Michael Hege Phone: (808) 664-0299
Mobile Phone: (808) 225-3660
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Property Details for Listing # 201809364
 
 
 
 
Price: $1,298,000
1812 Algaroba Street
Honolulu, HI 96826
County: Oahu
Sq. Feet: 2340
Type: Multi-Family
 
 
 
 
 
 
 
 
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Property Description:
 
 
 
 
Here is it! 7 Units @ $185k per door!! $61k in NOI for a McCully apartment property! Some upside potential to increase NOI. This property is perfect for the investor looking to get started in the apartment market. The numbers work on this without having to put a 45%-50% down payment (like all the other apartment buildings). Concerned about limited parking? Most of current tenants bike, bus, walk, or Uber around (or find street parking). The property is one street from King St (Major bus line, Restaurants, Grocery, etc.) and draws renters from Downtown to Waikiki to UH Manoa due to the central location.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Multi-Family
Listing Status:Active
Area:Metro
Neighborhood:Mccully
Construction:Double Wall, Single Wall, Wood Frame
Year Built:1953
Square Feet:2340
Lot Size/Area:3116.00
Lot Features:Clear
Topography:Down Slope, Level
Parking Features:Open
Utilities:Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Water
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$1,298,000
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Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 04/21/2018 1:29:10 PM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2018 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

     For additional information, contact Michael Hege Phone: (808) 664-0299
Mobile Phone: (808) 225-3660
    Request a Showing    Inquire about this Listing

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HBR - Honolulu, HI IDX service by WolfNet Technologies, LLC© 2018 Terms of Use

Based on information from the Multiple Listing Service of Honolulu Board of REALTORS® listings last updated on 04/20/2013 10:15:29 AM.

 

Information is deemed reliable but not guaranteed.  Copyright: 2013 by Honolulu Board of REALTORS®.  Some of the active listings appearing on this site may be listed by other REALTORS®. 

 

If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.