1313 Ahiahi Street
Honolulu, HI 96817
- – beds
- – baths
- 3,224 sqft
- 5,000 sqft lot
- $573 per sqft
- 1964 build
- – on site
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Where else can you earn a 5.78% Cap Rate on Existing Income & Expenses IN TOWN?? Rarely available neighborhood with excellent return. Clean, well-positioned building with easy access to the freeway in all directions. Seasoned, stable income from long-term tenants with well-tended plants make this building extremely welcoming, warm, and easy to rent. Brand new paint and spacious units with nice layout. Legal, non-conforming use means you can get a loan on all 8 units. Hollow tile construction, all tenants are separately metered for electric, one water meter. One renovated unit now renting for $1700, so potential income is greater than stated, 1 parking stall is tandem.
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Last updated Jun 27, 2024
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MLS# 202316412 —
The Building
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Year Built:1964
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Year Remodeled:2023
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Construction Materials:Hollow Tile, Masonry/Stucco
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Building Type:Apartments, Multi Dwellings
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Stories:Two
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Roof:Custom/Specialty
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SqFt Total:3,224 Sqft
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SqFt Building:3224
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# of Units Total:8
Interior
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Furnished:Partial
Financial & Terms
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Financing:Cash, Conventional, 1031 Exchange
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Buyer Financing:Conventional
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Land Tenure:FS - Fee Simple
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Possession:At Closing, Subject To Tenancy
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Foreclosure:No
Location
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Location:Inside
The Property
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Parcel Number:1-1-6-015-013-0000
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Property Type:Multi-Family
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Property Subtype:Multi-Family
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Property Condition:Above Average
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Property Frontage:Other
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Lot Size Area:5,000 Sqft
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Lot Features:Clear
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View:None
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Topography:Gentle Slope
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Zoning:05 - R-5 Residential District
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Flood Zone:Zone X
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Set Backs:C&C, Of Record
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Easements:Driveway
Listing Agent
- Contact info:
- Office phone:
- (808) 429-1098
Taxes
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Tax Year:2023
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Tax Amount:$256.61
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Tax Assessed Value:$879,800
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Tax Assessed Value Land:$688,800
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Tax Assessed Value Improvements:$191,000
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Tax Paid By Seller:No
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Tax Annual Amount:3079.32
The Listing
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Land Recorded:Land Court
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Disclosures:1031 Exchange, Licensed Owner
Utilities
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Utilities:Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
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Utilities Meters:Electric, Individual, Water
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Sewer:Connected
Appliances
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Laundry Facilities:Individual
The Community
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Amenities:None
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Recreation Facilities:None
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Neighbourhood:KAMEHAMEHA HEIGHTS
Parking
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Parking Total:7
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Parking Features:Assigned, Open
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Other Parking Features:None
Extra Units
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# of One Bed Units:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/6/23
Nov 6, 2023
|
Sold | HI_CENTRAL_MLS | $1,850,000 | -8.6% |
9/22/23
Sep 22, 2023
|
Sold Subject To Contingencies | HI_CENTRAL_MLS | $2,025,000 | |
7/12/23
Jul 12, 2023
|
Listed / Active | HI_CENTRAL_MLS | $2,025,000 |