1313 Ahiahi Street, Honolulu, HI 96817
- $1,850,000
- Sold Price
- $1,850,000
- List Price
- $2,025,000
- Status
- CLOSED
- Type
- Multifamily
- MLS#
- 202316412
- Days on Market
- 117
- Closing Date
- Nov 06, 2023
- Land Area
- 5,000
- Year Built
- 1964
- Property Type
- Residential
- Neighborhood
- Kamehameha Heights
- Land Tenure
- FS - Fee Simple
Property Description
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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Additional Information
- Island
- Oahu
- Utilities
- Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
- View
- None
- Lot Size
- 5,000
- Construction Materials
- Hollow Tile, Masonry, Stucco
- Neighborhood
- Kamehameha Heights
- Frontage
- Other
- Furnished
- Partially
- Year Built
- 1964
- Sewer
- Connected
- Parking Features
- Assigned, Open
- Lot Features
- Cleared, Interior Lot
- Stories
- 2
- Assessed Total
- 879800
- Water
- Public
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Listing courtesy of Commercial Inv. Strategies. Selling Office: Non-MLS.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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