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1242 6th Avenue

Honolulu, HI 96816
  • $4,000,000
  • STATUS: Active
  • ON SITE: 261 Days
  • MLS #: 202306592
UPDATED: 26 min ago
$4,000,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,920
    SQFT
  • $505
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

Description

Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 11 open parking stalls on a large 13,965 sqft lot. The building is 7,920 sq. ft. in total, with exceptionally large living space for each unit! On the ground floor, there are 5 units: (1x) 1 bed/1 bath with unit washer/dryer, (4x) two beds/1 bath. On the upper floor, there are 5 units: (4x) 2 beds/1 bath and (1x) 2 beds with 1.5 bath. Upper units have balconies with own hot water tank, and ground-floor units have backyards, each with own hot water tank and additional extensive greenery surrounding the building with trees. Building features a coin-operated laundry area for extra income, separately metered electricity, and one sewer. Current rents are under the market. The building has higher rental income potential and is ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops. Unique opportunity to purchase this two-story building at a location rarely available!

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© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
www.barneshawaii.com/homes/137889027
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1242 6th Avenue Honolulu, HI 96816

  • Price: $4,000,000
  • Status: Active
  • On Site: 261 Days
  • Updated: 26 min ago
  • MLS #: 202306592
0
Beds
0
Baths
0
½ Baths
0.32
Acres
7,920
SQFT
$505
$/SQFT
1969
Built
Neighborhood:
Palolo
County:
Oahu
Area:
Diamondhd
Property Description
Beautifully maintained 2-story concrete building with (1x) 1-bedroom and (9x) 2-bedroom units with 11 open parking stalls on a large 13,965 sqft lot. The building is 7,920 sq. ft. in total, with exceptionally large living space for each unit! On the ground floor, there are 5 units: (1x) 1 bed/1 bath with unit washer/dryer, (4x) two beds/1 bath. On the upper floor, there are 5 units: (4x) 2 beds/1 bath and (1x) 2 beds with 1.5 bath. Upper units have balconies with own hot water tank, and ground-floor units have backyards, each with own hot water tank and additional extensive greenery surrounding the building with trees. Building features a coin-operated laundry area for extra income, separately metered electricity, and one sewer. Current rents are under the market. The building has higher rental income potential and is ideally located near Chaminade University and the University of Hawaii Manoa, restaurants, and shops. Unique opportunity to purchase this two-story building at a location rarely available!
Exterior Features

Construction Materials Concrete Location Inside Lot Description Other Other Parking None Parking AssignedOpen Parking Total 10 Property Frontage Other Roof Other Stories Two Topography Level View Mountain

Interior Features

Elevators 0 Furnished Partial Laundry Coin Sq Ft Building 7920

Property Features

1 Bed Units 1 2 Bed Units 9 3 Or More Bed Units 0 Amenities None Annual Expenses 1.00 Assessed Value Improvements 441500.00 Assessed Value Land 3892100.00 Assessed Value Total 4333600.00 Building Type ApartmentsMulti Dwellings Disclosures None Documents Building PlansSurveyTitle Search Easements None Expenses Include Excise TaxInsuranceMgmt FeeOtherProperty TaxRepair Maintenance Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventional Net Operating Income 1.00 Other Income 1.00 Possession At Closing Property Condition Above AverageAverage Recreation Facilities None Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 1159.00 Tax Annual Amount 13908.00 Tax Paid By Seller No Tax Year 2022 Tenant Pays Cable TVElectricityOther Total Actual Rent 1.00 Total Income 1.00 Utilities Available GasInternetOverhead ElectricityPublic WaterTelephone Utilities Meters ElectricGasWater Zoning 11 - A-1 Low Density Apartment

Listings provided courtesy of Island, Realtors: (808) 687-8000.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-08T03:58:57.277. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.


© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
 
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Compass
1586 Mokulua Dr.
Kailua HI, 96734