2014 Fern Street
Honolulu, HI 96826
- – beds
- – baths
- 4,208 sqft
- 6,400 sqft lot
- $748 per sqft
- 1953 build
- – on site
Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
Listing courtesy of HI_CENTRAL_MLS / Commercial Inv. Strategies
Last checked:
Checking…
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Last updated Sep 17, 2024
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MLS# 202421145 —
The Building
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Year Built:1953
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Construction Materials:Hollow Tile, Vinyl, Wood Frame
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Building Type:Apartments, Multi Dwellings
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Stories:Two
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Roof:Asphalt Shingle
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SqFt Total:4,208 Sqft
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SqFt Building:4208
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# of Units Total:9
Interior
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Furnished:Partial
Financial & Terms
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Financing:1031 Exchange, Cash, 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:1-2-7-002-009-0000
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Property Type:Multi-Family
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Property Subtype:Multi-Family
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Property Condition:Excellent
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Property Frontage:Other
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Lot Size Area:6,400 Sqft
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Lot Features:Clear
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View:City
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Topography:Level
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Zoning:12 - A-2 Medium Density Apartme
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Flood Zone:Zone AO
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Set Backs:None
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Easements:None
Listing Agent
- Contact info:
- Office phone:
- (808) 429-1098
Taxes
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Tax Year:2024
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Tax Amount:$560
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Tax Assessed Value:$1,920,000
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Tax Assessed Value Land:$1,715,200
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Tax Assessed Value Improvements:$204,800
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Tax Annual Amount:6720.00
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, Water
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Utilities Meters:Electric, Gas, Water
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Sewer:Connected
Appliances
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Laundry Facilities:Coin, Dryer, Washer
The Community
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Amenities:None
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Recreation Facilities:None
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Neighbourhood:MOILIILI
Parking
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Parking Total:6
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Parking Features:Assigned
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Other Parking Features:None, <10 Spaces
Extra Units
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# of One Bed Units:8
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# of Three Bed Units:1
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/16/24
Sep 16, 2024
|
Listed / Active | HI_CENTRAL_MLS | $3,150,000 | 37.0% |
11/9/23
Nov 9, 2023
|
HI_CENTRAL_MLS | $2,300,000 | -8.0% | |
8/28/23
Aug 28, 2023
|
HI_CENTRAL_MLS | $2,500,000 |