2202 Waiola Street Honolulu, HI 96826
Listing
Overview
Price: $1,088,000
Area: MOILIILI
Status: Active Under Contract
$200,000+ price reduction!!! Seller says sell! Get it before it's gone. Good income property, pro-forma rent-roll is $72,000/yr ($6,000/mo) with 5.5% cap rate on gross income. Property also qualifies for Bill 7 development! 2 houses, total of 4 units. Front house features 3 units (two 1-bedrooms, one 2-bedroom) plus a garage that has been converted to a very nice 3rd bedroom. Back house has a 1-bedroom unit. Individually metered, Separate laundry facilities and yard. Excellent and convenient location! Across from the famous Waiola Shave Ice, near Old Stadium Park, University of Hawaii, library, restaurants, schools, bus line, and supermarkets. Must see, won't last long! Please see supplements for Bill 7 initial budgetary numbers and past rent roll. Buyer to do their own due diligence. Non-conforming, number of bedrooms does not match tax record. *One or more photos have been "enhanced." Listing by: Locations LLC
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- Living (sf): 1,962
- Year Built: 1965
- Property Condition: Average
- Number of Parking Spaces: 3
- View: None
- Listing Office: Locations LLC
- Land Tenure: FS - Fee Simple
- Elementary School: Lunalilo
- Middle School: Washington
- High School: Kaimuki
