This rare investment opportunity in a highly desirable area consists of a well-maintained three-story apartment building consisting of approximately 6,870 square feet. The property is comprised of four (4) three-bedroom and one-bath apartments each ranging from 786 to 798 square feet, and two (2) two-bedroom, one-bath apartments approximately 705 SF. Current rents are below market allowing a buyer to increase rents with interior upgrades to the units. The property has common area laundry, gas lines, new water heaters and enough parking to accommodate 12 vehicles. The roof was redone 7 years ago and is in good condition.

Construction Materials Above GroundBrickConcreteDouble WallHollow Tile Lot Description Clear Other Parking None Parking CoveredOpen Parking Total 12 Roof Other Stories Three Topography Level View Other

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1 Bed Units 0 2 Bed Units 2 3 Or More Bed Units 4 Amenities None Annual Expenses 34372.22 Assessed Value Improvements 391800.00 Assessed Value Land 1460500.00 Assessed Value Total 1852300.00 Building Type Apartments Disclosures None Easements None Expenses Include Excise TaxInsuranceProperty TaxSewer Fee Flood Zone Zone X Foreclosure YN No Land Recorded Land Court Land Tenure FS - Fee Simple Listing Financing CashConventional Net Operating Income 91627.78 Other Income 0.00 Possession At Closing Property Condition Average Set Backs None Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 515.95 Tax Annual Amount 6191.40 Tax Paid By Seller Yes Tax Year 2023 Tenant Pays ElectricityGas Total Actual Rent 10500.00 Total Income 126000.00 Utilities Available CableGasInternetOverhead ElectricitySewer FeeWater Utilities Meters ElectricGasWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Bratton Realty Advisors Ltd: (808) 523-9708.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-11T10:58:40.07. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.

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813 Coolidge Street

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813 Coolidge Street Honolulu, HI 96826

Property Description

Construction Materials	Above Ground Brick Concrete Double Wall Hollow Tile
Lot Description	Clear
Other Parking	None
Parking	Covered Open
Parking Total	12
Roof	Other
Stories	Three
Topography	Level
View	Other

1 Bed Units	0
2 Bed Units	2
3 Or More Bed Units	4
Amenities	None
Annual Expenses	34372.22
Assessed Value Improvements	391800.00
Assessed Value Land	1460500.00
Assessed Value Total	1852300.00
Building Type	Apartments
Disclosures	None
Easements	None
Expenses Include	Excise Tax Insurance Property Tax Sewer Fee
Flood Zone	Zone X
Foreclosure YN	No
Land Recorded	Land Court
Land Tenure	FS - Fee Simple
Listing Financing	Cash Conventional
Net Operating Income	91627.78
Other Income	0.00
Possession	At Closing
Property Condition	Average
Set Backs	None
Sewer	Connected
Special Sale Conditions	None
Studio Units	0
Tax Amount	515.95
Tax Annual Amount	6191.40
Tax Paid By Seller	Yes
Tax Year	2023
Tenant Pays	Electricity Gas
Total Actual Rent	10500.00
Total Income	126000.00
Utilities Available	Cable Gas Internet Overhead Electricity Sewer Fee Water
Utilities Meters	Electric Gas Water
Zoning	12 - A-2 Medium Density Apartme