2827-B Waialae AVE new Save Request In-Person Tour Request Virtual Tour
Honolulu,HI 96826
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202424671
Construction Status Average Condition,Good Condition
HOA Y/N No
Year Built 1939
Annual Tax Amount $5,689
Property Description
Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.
Location
State HI
County Oahu
Community Other,Storage Facilities
Area Metro
Rooms
Ensuite Laundry Coin-operated
Interior
Interior Features Handicap Access
Laundry Location Coin-operated
Fireplace No
Laundry Coin-operated
Exterior
Garage Assigned
Community Features Other,Storage Facilities
Utilities Available Above Ground Utilities,Electricity Available,Phone Available,Sewer Available,Water Available,Sewer Connected
View Y/N Yes
View Canal,Garden,Mountain(s)
Parking Type Assigned
Total Parking Spaces 6
Building
Lot Description Interior Lot,Other,Level
Dwelling Type Multi Family
Entry Level Two
Foundation Slab
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition,Good Condition
Others
Tax ID 1-2-7-028-042-0000
Special Listing Condition None