87-274D St Johns Road Waianae, HI 96792
Listing
Overview
Price: $2,500,000
Area: MAILI
Status: Active
FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000.
With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience.
Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value. Listing by: Hawaii Real Estate Properties
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Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value."
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Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
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- Land Area (sf): 28,785 sf
- Year Built: 1946
- Property Condition: Excellent
- Number of Parking Spaces: 12
- View: None
- Listing Office: Hawaii Real Estate Properties
- Land Tenure: FS - Fee Simple
- Elementary School: Maili
- Middle School: Waianae
- High School: Waianae
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
listings last updated on September 25, 2024 - 6:00 PM
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
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