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Current scheduled rents total approximately $8,855\/month, with estimated laundry income of $120\/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you\u2019re an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval.","PropertyStyle":"Duplex","OriginalStyles":["Duplex","Apartment"],"PropertyStyles":["Traditional"],"PropertyType":"Multifamily","BrokeredBy":["Five Star Realty, Inc."],"Details":{"Bathrooms":0,"Bedrooms":0,"SquareFeet":2363,"Area":"Metro","Subdivision":"MCCULLY","AnnualPropertyTaxes":4044,"CentralAC":false,"Water":"Public","GarageAndParking":"Assigned, Covered, Open, Tandem","YearBuilt":1941,"Fireplace":false,"Heating":false,"HeatingType":false,"Exterior":false,"InteriorFeatures":false,"Miscellaneous":false,"Appliances":false,"Roof":false,"Flooring":false,"Foundation":false,"Construction":false,"Sewer":"Connected","Location":false,"Basement":false,"AssociationFee":0,"AssociationFeeFrequency":false,"Furnished":"Unfurnished","Year Remodeled":1948,"IsPool":false,"IsWaterfront":false,"IsGarage":true,"IsGardenHome":false,"IsDen":false,"IsRavine":false,"IsBasement":false,"IsFamilyRoom":false,"IsElevator":false,"IsCentralVacuum":false,"IsGreenProperty":false,"IsAcreage":false,"IsApartment":false,"IsGated":false,"IsPond":false,"IsInLawSuite":false,"IsBarn":false,"IsBoatDock":false,"IsGolfCourse":false,"IsCathedralCeiling":false,"IsCulDeSac":false,"IsDetachedGarage":false,"IsDisabilityFeatures":false,"IsEnsuite":false,"IsBeachFront":false,"IsBeachView":false,"IsFireplace":false,"IsFalloutShelters":false,"IsFenced":false,"IsFarm":false,"IsFinishedBasement":false,"IsFirstFloorMaster":false,"IsFixerUpper":false,"IsFruitTrees":false,"IsHardwoodFloors":false,"IsPetFriendly":false,"IsOpenFloorPlan":false,"IsFencedYard":false,"IsForcedAir":false,"IsFrontPorch":false,"IsCoveredGarage":false,"Is3CarGarage":false,"IsHorse":false,"IsCentralHeat":false,"IsGuestHouse":false,"IsGameRoom":false,"IsHandicapAccess":false,"IsHeatedPool":false,"IsHelicopterPad":false,"IsHelipad":false,"IsHiddenPassageway":false,"IsHiddenRoom":false,"IsHighCeiling":false,"IsHotTub":false,"IsSmartHomes":false,"IsIngroundPool":false,"IsInvestment":false,"IsInvestmentOpportunity":false,"IsKitchenIsland":false,"IsJackAndJillBathroom":false,"Is2Kitchen":false,"IsBigKitchen":false,"IsDogKennel":false,"IsGourmetKitchen":false,"IsKitchenDiner":false,"IsKosherDiner":false,"IsLargeKitchen":false,"IsModernKitchen":false,"IsNewKitchen":false,"IsOpenKitchen":false,"IsOutdoorKitchen":false,"IsPoolTable":false,"IsPingPongTable":false,"IsScreenedPorch":false,"IsRemodeledKitchen":false,"IsRenovatedKitchen":false,"IsTwoKitchens":false,"IsTheater":false,"IsUpdatedKitchen":false,"IsWhiteKitchen":false,"IsLakeView":false,"IsBigLot":false,"IsCornerLot":false,"IsHuntingLand":false,"IsLibrary":false,"IsTaxLien":false,"IsWoodedLand":false,"IsMasterBathroom":false,"IsMasterOnMain":false,"IsMaintenance":false,"IsNewConstruction":false,"IsNewRoof":false,"IsDenOrOffice":false,"IsOceanView":false,"IsConversationPit":false,"IsGuestParking":false,"IsRanch":false,"IsMediaRoom":false,"IsRaceTrack":false,"IsRecordingStudio":false,"IsBoatSlip":false,"IsMasterSuite":false,"IsScreen":false,"IsSecurity":false,"IsSeniorCommunity":false,"IsTennis":false,"IsTennisCourt":false,"IsTheaterRoom":false,"IsTlc":false,"IsTrails":false,"IsVaultedCeiling":false,"IsViews":false,"IsVolleyball":false,"IsWaterView":false,"IsWasher":false,"IsWellWater":false,"IsWineCellar":false,"IsWineCeller":false,"IsWorkshop":false},"Keywords":"The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855\/month, with estimated laundry income of $120\/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you\u2019re an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval. 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This 2-bedroom, 2-bath condominium offers a desirable blank canvas for buyers ready to renovate and create a personalized urban retreat in a well-known, centrally located building. The functional layout provides two comfortable bedrooms, two full baths, and flexible living space with excellent potential for a modern transformation. Whether you're an owner-occupant seeking to customize your next home or an investor looking for a value-add project, this unit presents a chance to bring your vision to life. Bring your contractor, designer, and imagination\u2014this is a rare opportunity to add your own style and value in the heart of Honolulu. 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