735 Birch Street Honolulu, HI 96814

Listing
Overview

Price: $2,099,000
Area: ALA MOANA
Status: Active Under Contract

Great Opportunity to build a 30 unit rental building in a prime location near Ala Moana Center in the heart of urban Honolulu. WalkScore gives the property a 98/100 as there are so many stores, restaurants, and jobs nearby. The property has been approved by the sewer department for 30 units. Architectural renderings are for illustrative purposes only. Bill 7 encourages new multifamily development by offering huge fee waivers for water, sewer, permits, and 10 years of property tax abatement for a new building! The existing 3 unit apartment building features a 3 bedroom 2 bath on the ground floor and on the second floor there is 2 bedroom, 2 bath and a 1 bedroom, 1 bath. Each unit is separately metered for electric and water and has its own washer and dryer. There is a total of 7 parking stalls. Depending on the layout of the new building, it is possible to increase the number of parking stalls. Listing by: Sunwide Properties

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  • Land Area (sf): 6,008
  • Living (sf): 2,992
  • Year Built: 1990

  • Property Condition: Above Average
  • Number of Parking Spaces: 7
  • View: None
  • Listing Office: Sunwide Properties

  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446