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87-274D St Johns Road

Waianae, HI 96792
  • $2,500,000
  • STATUS: Active
  • ON SITE: 705 Days
  • MLS #: 202226278
UPDATED: 69 min ago
$2,500,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2024 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 Island Life Homes.

Licensed in the State of Hawaii, USA.
www.islandlifehm.com/homes/135617038
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87-274D St Johns Road Waianae, HI 96792

  • Price: $2,500,000
  • Status: Active
  • On Site: 705 Days
  • Updated: 69 min ago
  • MLS #: 202226278
0
Beds
0
Baths
0
½ Baths
0.66
Acres
1946
Built
Neighborhood:
Maili
County:
Oahu
Area:
Leeward
Elementary School:
Maili
Middle School:
Waianae
High School:
Waianae
Property Description
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.
Exterior Features

Construction Materials Double Wall Wood Frame Lot Features Cul- De- Sac Flag Lot Level Parking Features Covered Parking Total 12 Topography Level View None View YN No

Interior Features

Laundry Features None Levels One

Property Features

Availability Type Community Features None Disclosures None Land Tenure Fee Simple Net Operating Income 135528 Operating Expense 20472 Operating Expense Includes Insurance Real Estate Tax Water / Sewer Property Condition Excellent Property Sub Type Multi Family Sewer Connected Special Listing Conditions None Structure Type Multi Family Tax Annual Amount 4164 Tenant Pays Cable TV Electricity Water Utilities Above Ground Utilities Cable Available Electricity Available High Speed Internet Available Phone Available Sewer Available Water Available Sewer Connected Water Source Public Zoning Description 05 - R-5 Residential District

Listings provided courtesy of Hawaii Real Estate Properties: (808) 218-0864.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-12-02T07:59:01.597. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 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 Island Life Homes.

Licensed in the State of Hawaii, USA.
 
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