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1615 Emerson Street , B1

Honolulu, HI 96813
  • $1,800,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 202203090
UPDATED: 54 min ago
$1,800,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,170
    SQFT
  • $568
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Dont miss this dream opportunity to rebuild and own a two-dwelling home on the South slope of Punchbowl on Emerson St! This gem of a lot is 8,520 SQF divided between an upper-level lot with a home and a lower-level lot with a separate dwelling. The lower-level dwelling is a 4-unit rental which was earning $950, $850, $1,350 and $1,200 for a total of $4,350/month on a month-to-month basis ($950 rental shall vacate by 3/31, $850 rental please see supplement notes, other two rentals now vacant) . Note that tax records show a lower 2nd dwelling with only 2 units and it needs major repair / tear down. Upper-level building is in somewhat better condition, has two bedrooms. Interior of both dwellings cannot be shown until an offer has been accepted by Seller. This home is ABSOLUTELY AS-IS. Buyer will be responsible for due diligence on rebuilding opportunity and removing remaining items and cleaning after the transaction closes. Tenants are month to month, please see supplemental disclosures and terms.

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© 2022 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/125894690
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1615 Emerson Street , B1 Honolulu, HI 96813

  • Price: $1,800,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 54 min ago
  • MLS #: 202203090
0
Beds
0
Baths
0
½ Baths
0.2
Acres
3,170
SQFT
$568
$/SQFT
1939
Built
Neighborhood:
Punchbowl Area
County:
Oahu
Area:
Metro
Elementary School:
Kaahumanu
Middle School:
Roosevelt
High School:
Stevenson
Property Description
Dont miss this dream opportunity to rebuild and own a two-dwelling home on the South slope of Punchbowl on Emerson St! This gem of a lot is 8,520 SQF divided between an upper-level lot with a home and a lower-level lot with a separate dwelling. The lower-level dwelling is a 4-unit rental which was earning $950, $850, $1,350 and $1,200 for a total of $4,350/month on a month-to-month basis ($950 rental shall vacate by 3/31, $850 rental please see supplement notes, other two rentals now vacant) . Note that tax records show a lower 2nd dwelling with only 2 units and it needs major repair / tear down. Upper-level building is in somewhat better condition, has two bedrooms. Interior of both dwellings cannot be shown until an offer has been accepted by Seller. This home is ABSOLUTELY AS-IS. Buyer will be responsible for due diligence on rebuilding opportunity and removing remaining items and cleaning after the transaction closes. Tenants are month to month, please see supplemental disclosures and terms.
Exterior Features

Construction Materials Above GroundSingle WallSlabWood Frame Location Dead End Lot Description Clear Other Parking None Parking Assigned Parking Total 6 Roof Composition Stories OneTwo Topography HillyLevelTerraced View CityOceanSunriseSunset

Interior Features

Furnished None Sq Ft Building 3170

Property Features

1 Bed Units 1 2 Bed Units 3 3 Or More Bed Units 0 Amenities None Annual Expenses 0.00 Assessed Value Improvements 117200.00 Assessed Value Land 1451600.00 Assessed Value Total 1568800.00 Building Type Multi Dwellings Disclosures Property Disclosure Stmt Easements None Expenses Include Mgmt Fee Flood Zone Zone X Foreclosure YN No Land Recorded Land Court Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 38400.00 Other Income 0.00 Possession At Closing Property Condition FairNeeds Major Repair Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 457.57 Tax Paid By Seller No Tax Year 2022 Total Actual Rent 3200.00 Total Income 38400.00 Utilities Available GasInternetOverhead ElectricityPublic WaterSewer FeeTelephone Utilities Meters ElectricGas Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Damon Hi Pac Intl Prop Llc.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2022-05-19T06:58:42.633. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.


© 2022 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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1586 Mokulua Dr.
Kailua HI, 96734