First time on the market for sale. Built to last, all concrete/CMU buildings in very good condition, owned and maintained by one family. Solid income property, currently below market rent with upside potential in one of Honolulu's up and coming mixed business neighborhoods where highest and best use redevelopment is possible. The Wong Lum Apartments are comprised of 2 separate three-story walk-up apartment buildings, consisting of 13-two bedroom units and 12-one bedroom units situated on AMX-2 zoned land totaling approximately 11,392 square feet. Community coin laundry located on the ground floor at the back of each building. Stable long-term tenant mix, easy to rent, located in a prime business and residential area allowing for convenience to retail establishments, public transportation, schools, hospitals, parks and recreation. This offering presents a unique opportunity for value-add investors and/or developers looking to acquire a strong income producing property for further redevelopment options in the future.
Cable, Internet, Overhead Electricity, Public Water, Water
Assigned, Covered, Open, Tandem
Above Ground, Concrete, Hollow Tile, Slab
17 - AMX-2 Medium Density Apt M
This Property is priced at $8,250,000 and located at 1735 Young St, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 16170 Square feet. This Multi-Family was built in 1959 and its status is Active. This property is represented by Sandra Ml Mann-hawkins of Honolulu Property Advisors LLC, Contact Number (808) 222-6266, our team of Realtors can represent you at no additional cost.
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on November 28th, 2021 at 11:06am HST. Information is deemed reliable but not guaranteed. Copyright: 2021 by the HiCentral MLS®, Ltd.
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