Skip To Content

1125 Austin Lane

Honolulu, HI 96817
  • $2,900,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 202213225
UPDATED: 45 min ago
$2,900,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Ratings & Info

Description

Great Investment Opportunity!! This property is strategically and uniquely located for Honolulu's future growth. Conveniently located within walking distance to Tamashiro Market, bus stops, Chinatown, Costco, Honolulu Community College, and the future HART station and Kapalama Canal redevelopment. Enjoy the excellent cash flow from the 10 rental units (3 duplexes and 4 single homes) while waiting for the land value to grow because of the strategic location. Each of the 10 rental units has its own electric meter, water sub-meter, and washer hook-ups (1- 3 bedrooms, 1.5 baths, 1- 3 bedrooms, 1 bath, 4- 2 bedrooms, 1 bath, 4- 1 bedroom, 1 bath).

Monthly Payment Calculator



© 2022 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Novita | eXp Realty.

Licensed in the State of Hawaii, USA.
www.homesbynovita.com/homes/130813677
Print Image

1125 Austin Lane Honolulu, HI 96817

  • Price: $2,900,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 45 min ago
  • MLS #: 202213225
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1926
Built
Neighborhood:
Kapalama
County:
Oahu
Area:
Metro
Property Description
Great Investment Opportunity!! This property is strategically and uniquely located for Honolulu's future growth. Conveniently located within walking distance to Tamashiro Market, bus stops, Chinatown, Costco, Honolulu Community College, and the future HART station and Kapalama Canal redevelopment. Enjoy the excellent cash flow from the 10 rental units (3 duplexes and 4 single homes) while waiting for the land value to grow because of the strategic location. Each of the 10 rental units has its own electric meter, water sub-meter, and washer hook-ups (1- 3 bedrooms, 1.5 baths, 1- 3 bedrooms, 1 bath, 4- 2 bedrooms, 1 bath, 4- 1 bedroom, 1 bath).
Exterior Features

Construction Materials Above GroundWood Frame Location Other Lot Description Clear Other Parking None Parking OpenTandem Parking Total 9 Roof Composition Stories One Topography Level View None

Interior Features

Elevators 0 Furnished Partial Laundry Other Remodeled Year 1990

Property Features

1 Bed Units 4 2 Bed Units 4 3 Or More Bed Units 2 Amenities None Annual Expenses 57386.00 Assessed Value Improvements 310900.00 Assessed Value Land 1035000.00 Assessed Value Total 1345900.00 Building Type Multi Dwellings Disclosures 1031 ExchangeRelative Of Licensee Documents Lease Documents Easements Electric Expenses Include InsuranceMgmt FeeProperty TaxRepair Maintenance Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 72458.00 Other Income 0.00 Possession Subject To Tenancy Property Condition Fair Recreation Facilities None Set Backs None Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 417.00 Tax Paid By Seller No Tax Year 2021 Tenant Pays Cable TvElectricity Total Actual Rent 10820.00 Total Income 129844.00 Utilities Available CableInternetOverhead ElectricityPublic WaterSewer FeeTelephone Utilities Meters ElectricWater Zoning 05 - R-5 Residential District

Listings provided courtesy of Arakawa & Associates, Llc: [IDXCONTACTINFORMATION].
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2022-10-04T14:58:47.64. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.


© 2022 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Novita | eXp Realty.

Licensed in the State of Hawaii, USA.
 
https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202213225-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202213225-2.jpg https://bt-photos.global.ssl.fastly.net/honolulu/orig_boomver_1_202213225-2.jpg
Logo
Homes By Novita | eXp Realty
7 Waterfront 500 Ala Moana Blvd Suite 400
Honolulu HI, 96813