1812 Algaroba 7 UNITS HIGH INCOME
$1,899,000
1812 Algaroba Street, Honolulu, HI 96826
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 11/03/2023
4.78
Cap Rate
90,718
NOI
Details:
Cap Rate: 4.78%
NOI: $90,718
Building Size: 2,340 sqft
Lot Area: 3,116 sqft
Occupancy: 100%
Units: 7
Year Built: 1953
Zoning: BMX-3
Floors: 2
Parking Spots: 1
Year Last Renovated: 2019
Roof: 2019
Highlights:
- CASH COW!!!
- EASY TO MANAGE!!!
Description:
7 Units. 7 electric meters. 6 gas meters.
100% occupied WITH WAITING LIST. Only 1 tenant has a car. 1 parking stall (but front grass area fits 2 cars and is city/county land).
High Income and VERY EASY TO MANAGE (call for details).
Gross Leases. Landlord pays for electric, water/sewer, gas, wifi. Laundry machines serviced by 3rd party company.
A truly seasoned investor will appreciate exceptional income that comes with this!
NEW ROOF in 2019.
Documents:
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1812_Algaroba_St.pdf
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