825 Olokele Avenue, Honolulu, Hawaii, United States, 96816

1,995,000
for Sale

About the property:

You will love this well maintained duplex and fourplex. Recently painted & the owner has paid attention to the details. All 1 bedroom with 1 bathroom units each with an assigned/covered parking stall. The duplex was built in 1940, with the fourplex being completed in 1958. Tenants pay their own electricity due to separate metering. Each unit has its own hot water heater too. The rents are strong with the possibility of more income when units turnover. Kapahulu location means the units are central to Waikiki, Ala Moana, Kakaako, Kahala, The University of Hawaii, Chaminade University & Kapiolani Community College. Very close to shopping, dining & entertainment. Bike to the beach. Your tenant mix is good with them making their own community at the property. This is the perfect property to complete your 1031 Exchange. Buyer to cooperate with Seller’s IRC Section 1031 Tax Deferred Exchange. Offers will be presented after they are received. Drive by only. Please do not disturb tenants. Make all offers subject to inspection. Income & Expenses are projected. Buyer to do their own research to confirm actual Income & Expenses.
Property Type:
Multifamily
Status:
for Sale
House Style:
Fourplex
Square Feet:
2080
Area:
Metro
Subdivision:
KAPAHULU
Water:
Public
Garage And Parking:
Covered
Sewer:
Connected
Association Fee:
0
Year Remodeled:
1958
Is Garage:
Yes
Annual Property Taxes:
6,063.96
Listing ID:
202616331

Rooms

Dimensions

Brokered by:
Nexthome Ku Realty
Presented By: