617 Wailepo Street

    Kailua, HI 96734
    • $2,270,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 202008668
    UPDATED: 53 min ago
    $2,270,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,480
      SQFT
    • $507
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Unique Investment opportunity in KAILUA. Maximize the income stream for it's highest and best use or rehab the two buildings with potential to redevelop under Bill 7. Eight - 2 bedroom units located close to Kailua town and a short walk to park, stores and restaurants. Property is sold "as is" and Buyer shall perform their own due diligence. Information provided for income and building are estimates and may differ from actual records. Only a few of the rental units are occupied and income for property does not measure building's full occupancy potential or current market rents. NO sign on property. Do not disturb tenants or enter property without an appointment.

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    © 2020 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 Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
    www.realtyinhawaii.com/homes/105290093

    617 Wailepo Street Kailua, HI 96734

    • Price: $2,270,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 202008668
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,480
    SQFT
    $507
    $/SQFT
    1952
    Built
    Neighborhood:
    Coconut Grove
    County:
    Oahu
    Area:
    Kailua
    Property Description
    Unique Investment opportunity in KAILUA. Maximize the income stream for it's highest and best use or rehab the two buildings with potential to redevelop under Bill 7. Eight - 2 bedroom units located close to Kailua town and a short walk to park, stores and restaurants. Property is sold "as is" and Buyer shall perform their own due diligence. Information provided for income and building are estimates and may differ from actual records. Only a few of the rental units are occupied and income for property does not measure building's full occupancy potential or current market rents. NO sign on property. Do not disturb tenants or enter property without an appointment.
    Exterior Features

    Construction Materials ConcreteHollow TileWood Frame Location Inside Lot Description Other Other Parking None Parking Assigned Parking Total 6 Roof Composition Stories Two Topography Level View Mountain

    Interior Features

    Furnished None Laundry DryerSpaceWasher Remodeled Year 1962 Sq Ft Building 4480

    Property Features

    1 Bed Units 0 2 Bed Units 8 3 Or More Bed Units 0 Amenities Storage Annual Expenses 8444.00 Assessed Value Improvements 135300.00 Assessed Value Land 1190000.00 Assessed Value Total 1325300.00 Building Type ApartmentsFourplex Disclosures Property Disclosure StmtSee Remarks Documents AppraisalBuilding PlansTitle Search Easements Other Expenses Include Excise TaxInsuranceOtherProperty Tax Flood Zone Zone Ah Foreclosure YN No Land Recorded Land Court Land Tenure Fs - Fee Simple Listing Financing CashConventional Management Company Self Net Operating Income 31578.00 Other Income 0.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs Of Record Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 387.00 Tax Paid By Seller No Tax Year 2019 Tenant Pays Electricity Total Actual Rent 3335.00 Total Income 3335.00 Utilities Available Overhead ElectricityPublic WaterTelephone Utilities Meters Electric Zoning 12 - A-2 Medium Density Apartme

    Listings provided courtesy of Homequest Llc.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2020-05-25T19:58:44.573. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd.


    © 2020 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 Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
     
    Keller Williams Honolulu
    1347 Kapiolani Blvd, 3rd Floor
    Honolulu HI, 96814