$4,250,000

  • MLS® #: 201830716
  • 1651 Frog Ln
  • Honolulu, HI 96817

$4,250,000

  • MLS® #: 201830716
  • 1651 Frog Ln
  • Honolulu, HI 96817
0 Beds
0 Baths
10,274 Sqft
.24 Acres
1969
Year Built
  • Overview 10274 SQ. Feet, 0.24 Acres
  • Listing Type Multi-Family
  • Office: Five Star Realty, Inc.

Prime 3 story solid hollow tile building seldom available for sale in great Town location near Nuuanu, Liliha and Kuakini. Large lot offers 18 parking spaces (some covered) for 13 two bedroom and 2 three bedroom apartment units, total 15 units. The cap rate is 4.85%. Hard to find all 2 and 3 bedroom unit apartment buildings and this is the one! Very good condition, some units renovated, all in move in condition. Stable tenant history with chance to raise rents to improve already impressive cash flow. Separate coin laundry with 3 washers and 3 dryers for added income. Centralized gas heating system for all tenants. Newly paved street with easy access off Liliha.

Essential Information

MLS® #201830716
Price$4,250,000
Bathrooms0.00
Square Footage10,274
Acres0.24
Year Built1969
TypeMulti-Family
Sub-TypeMulti-Family
Land TenureFS - Fee Simple
StatusActive

Community Information

Address1651 Frog Ln
AreaMetro
SubdivisionKUAKINI
StateHI
Zip Code96817

Amenities

AmenitiesNone
FeaturesApartments
Parking Spaces18
ParkingAssigned, Covered, Open
ViewNone

Utilities

Cable, Internet, Overhead Electricity, Telephone, Water

Interior

StoriesThree

Exterior

Lot DescriptionClear
RoofPitch & Gravel
ConstructionHollow Tile

Additional Information

Date ListedDecember 5th, 2018
Days on Market8
Zoning11 - A-1 Low Density Apartment
Description Land TenureFS - Fee Simple

Listing Details

OfficeFive Star Realty, Inc.
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