Charming two detached buildings (3/2 w Den and 3/2), separately metered for electric with four parking stalls in the heart of Honolulu. Easy access to freeway entrance and exit, bus routes, hospitals, Downtown Honolulu, Shopping and Dining. Highly desirable A-2 zoning allows for possible future development under Bill Seven. Main structure was built in 1942 and is 1,036 sqft of living area consisting of 3 beds, two baths plus den area. Second structure was built in 1922 and is 600 sqft of living area consisting of 3 beds and 2 baths. Priced to Sell! Excellent investment property with $50,309.98 in NET income annually.

Construction Materials Above GroundSingle WallSlabWood Frame Lot Description Other Other Parking None Parking AssignedCoveredOpen Parking Total 4 Roof Composition Stories One Topography Gentle Slope View None

Laundry DryerIndividualWasher Sq Ft Building 1636

1 Bed Units 0 2 Bed Units 0 3 Or More Bed Units 2 Amenities NoneA/CStorage Annual Expenses 4890.02 Assessed Value Improvements 104500.00 Assessed Value Land 1200000.00 Assessed Value Total 1304500.00 Building Type DuplexMulti Dwellings Disclosures 1031 ExchangeProperty Disclosure Stmt Easements None Expenses Include Excise TaxOtherRepair Maintenance Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 50309.98 Other Income 0.00 Possession At Closing Property Condition Average Set Backs C&COf Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 380.48 Tax Paid By Seller No Tax Year 2020 Tenant Pays Cable TvElectricityWater Total Actual Rent 4600.00 Total Income 55200.00 Utilities Available CableInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricIndividualWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Coldwell Banker Realty.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2021-03-04T19:58:47.87. Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd.

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1409 Ernest Street

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1409 Ernest Street Honolulu, HI 96822

Property Description

Construction Materials	Above Ground Single Wall Slab Wood Frame
Lot Description	Other
Other Parking	None
Parking	Assigned Covered Open
Parking Total	4
Roof	Composition
Stories	One
Topography	Gentle Slope
View	None

1 Bed Units	0
2 Bed Units	0
3 Or More Bed Units	2
Amenities	None A/C Storage
Annual Expenses	4890.02
Assessed Value Improvements	104500.00
Assessed Value Land	1200000.00
Assessed Value Total	1304500.00
Building Type	Duplex Multi Dwellings
Disclosures	1031 Exchange Property Disclosure Stmt
Easements	None
Expenses Include	Excise Tax Other Repair Maintenance
Flood Zone	Zone X
Foreclosure YN	No
Land Recorded	Regular System
Land Tenure	Fs - Fee Simple
Listing Financing	Cash Conventional
Net Operating Income	50309.98
Other Income	0.00
Possession	At Closing
Property Condition	Average
Set Backs	C&C Of Record
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	380.48
Tax Paid By Seller	No
Tax Year	2020
Tenant Pays	Cable Tv Electricity Water
Total Actual Rent	4600.00
Total Income	55200.00
Utilities Available	Cable Internet Overhead Electricity Public Water Sewer Fee Telephone Water
Utilities Meters	Electric Individual Water
Zoning	12 - A-2 Medium Density Apartme

Laundry	Dryer Individual Washer
Sq Ft Building	1636