Listing Courtesy of: HiCentral MLS / Standard Management LLC - Contact: (808) 208-8107
1420 Ward Avenue Honolulu, HI 96822
Active (83 Days)
$2,250,000
4,386
SQFT
Description
MLS #:
202421951
202421951
Taxes
$412(2024)
$412(2024)
Lot Size
5,515 SQFT
5,515 SQFT
Type
Multifamily
Multifamily
Year Built
1957
1957
Views
Coastline
Coastline
County
Honolulu County
Honolulu County
Community
Punchbowl-Lower
Punchbowl-Lower
Listed By
Michael M Okamoto, Standard Management LLC, Contact: (808) 208-8107
Source
HiCentral MLS
Last checked Dec 21 2024 at 10:21 AM GMT+0000
HiCentral MLS
Last checked Dec 21 2024 at 10:21 AM GMT+0000
Bathroom Details
Lot Information
- Other
- Gentle Slope
Exterior Features
- Roof: Asphalt Shingle
- Roof: Other
Utility Information
- Utilities: Overhead Electricity, Sewer Fee, Water
- Sewer: Connected
School Information
- Elementary School: Royal
- Middle School: Stevenson
- High School: Roosevelt
Parking
- Assigned
- Covered
Stories
- 3
Land Tenure
- FS - Fee Simple
Additional Information: Standard Management LLC | (808) 208-8107
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Nov 04, 2024
Price Changed
$2,250,000
-10%
-250,000
Sep 30, 2024
Original Price
$2,500,000
-
-
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 HiCentral MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/19/23 07:05
Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development.
Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.