1126 3rd Avenue, Honolulu, HI 96816
- $2,425,000
- Sold Price
- $2,425,000
- List Price
- $2,700,000
- Status
- SOLD
- Type
- Multifamily
- MLS#
- 202306339
- Days on Market
- 30
- Closing Date
- Jul 11, 2023
- Land Area
- 15,000
- Year Built
- 1931
- Year Remodeled
- 2020
- Neighborhood
- Kaimuki
- Land Tenure
- FS - Fee Simple
Property Description
Rare investment opportunity in popular Kaimuki offering a unique combination of a duplex, a triplex, and a two story large dwelling containing 7 rented rooms + 2 rental apartments underneath. 17 parking stalls is a huge bonus value. Property is 15,000 sq.ft. R-3.5 fee simple. Good net income and nearly 0% vacancy (past 18 years of management by listor). Largest dwelling has 7 rented rooms, a large common kitchen, high ceilings and community storage underneath. 3 rooms have complete bathrooms inside the rooms, one has a half bath, and three share the two common toilet rooms/one shower stall room. All rooms have individual refrigerators and sinks. Under this building are two apartments (studio and one bedroom). The two additional buildings contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. 2 washers/2 dryers in coin operated laundry room. 2 electric meters/6 gas meters. Remodeling the front dwelling to be an owner/occupant home for the buyer would create a 2nd triplex and more lending options. 7 apartment rentals would remain for income. Three generations of the same family have enjoyed ownership the past 78 years.
Additional Information
- Island
- Oahu
- Stories Type
- One, Two
- Utilities
- Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
- View
- Garden
- Easements
- None
- Parking Total
- 17
- Tenants Responsibilities Include
- Cable TV, Gas
- Sqft Building
- 4857
- Lot Size
- 15,000
- Unit One Bed Number Of
- 3
- Construction Materials
- Single Wall, Slab, Wood Frame
- Mls Area Major
- DiamondHd
- Neighborhood
- Kaimuki
- Studio Units Number Of
- 9
- Frontage
- Other
- Furnished
- Partial
- Year Built
- 1931
- Year Remodeled
- 2020
- Tax Amount
- $692
- Total Income
- 176562
- Sewer
- Connected
- Unit Two Bed Number Of
- 1
- Roof
- Asphalt Shingle
- Recreation Facilities
- None
- Parking Features
- Assigned, Covered, Open
- Lot Features
- Clear
- Amenities
- A/C, Storage
- Total Annual Operating Expenses
- 72902
- Unit Three Bed Number Of
- 1
- Assessed Total
- 2373200
- Assessed Improvement
- 623200
- Assessed Land
- 1750000
- Zoning
- 07 - R-3.5 Residential District
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Listing courtesy of Sue Young. Selling Office: Harcourts Island Real Estate.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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