Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior.

Construction Materials BrickConcreteHollow TileSingle WallSlabWood Frame Location Inside Lot Description Clear Other Parking None Parking AssignedCoveredOpenTandem Parking Total 7 Roof OtherWood Shake Stories Two Topography Level View NoneCityMountain

Laundry Coin Remodeled Year 2015 Sq Ft Building 5908

1 Bed Units 16 2 Bed Units 1 3 Or More Bed Units 0 Amenities None Annual Expenses 65147.00 Assessed Value Improvements 283000.00 Assessed Value Land 1568400.00 Assessed Value Total 1851400.00 Building Type ApartmentsMulti Dwellings Disclosures None Documents Lease DocumentsSurvey Easements None Expenses Include Excise TaxInsuranceMgmt FeeProperty TaxSewer Fee Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventionalExchange Net Operating Income 191533.00 Other Income 245.00 Possession At Closing Property Condition Above Average Set Backs C&COf Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 540.00 Tax Annual Amount 6480.00 Tax Paid By Seller No Tax Year 2023 Tenant Pays Cable TVElectricityGas Total Actual Rent 21145.00 Total Income 256680.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterTelephoneWater Utilities Meters ElectricGasWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Lee International Properties: (808) 951-5558.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-11T09:58:39.057. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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1545 Kewalo Street

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1545 Kewalo Street Honolulu, HI 96822

Property Description

Construction Materials	Brick Concrete Hollow Tile Single Wall Slab Wood Frame
Location	Inside
Lot Description	Clear
Other Parking	None
Parking	Assigned Covered Open Tandem
Parking Total	7
Roof	Other Wood Shake
Stories	Two
Topography	Level
View	None City Mountain

1 Bed Units	16
2 Bed Units	1
3 Or More Bed Units	0
Amenities	None
Annual Expenses	65147.00
Assessed Value Improvements	283000.00
Assessed Value Land	1568400.00
Assessed Value Total	1851400.00
Building Type	Apartments Multi Dwellings
Disclosures	None
Documents	Lease Documents Survey
Easements	None
Expenses Include	Excise Tax Insurance Mgmt Fee Property Tax Sewer Fee
Flood Zone	Zone X
Foreclosure YN	No
Land Recorded	Regular System
Land Tenure	FS - Fee Simple
Listing Financing	Cash Conventional Exchange
Net Operating Income	191533.00
Other Income	245.00
Possession	At Closing
Property Condition	Above Average
Set Backs	C&C Of Record
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	540.00
Tax Annual Amount	6480.00
Tax Paid By Seller	No
Tax Year	2023
Tenant Pays	Cable TV Electricity Gas
Total Actual Rent	21145.00
Total Income	256680.00
Utilities Available	Cable Gas Internet Overhead Electricity Public Water Telephone Water
Utilities Meters	Electric Gas Water
Zoning	12 - A-2 Medium Density Apartme