Active

Open House

Amazing Investment Opportunity! Fully Rented, turn-key 4 Plex, excellent CAP rate w/room to increase revenue. This 2 story multi unit, CMU base building consists of [4] 2 bedroom/1 bathroom units (2-upstairs, 2-downstairs) with separate electric meters/water heaters, individual washer hook ups and 4 covered parking stalls. This is an area renters are actively seeking. Conveniently located in desirable Aiea near Blaisdell Park and its populated bike path filled with daily visitors. This rare find offers Pearl Harbor views, easy access to freeways, shopping, dining and activities. The seasoned, long term tenants would love to stay and are ready to write their checks directly to you. Total monthly rent is $4705, calculated to over 4% Capitalization rate. There's room to grow the return as current rents for similar sized units (658 SF) are going for more. Building is easy to manage, low maintenance with one water meter. Where else can you find a ready to go, cash flowing, investors Paradise? Act quickly, deals like this don't last long. Property is being sold strictly As-Is, Sellers will not make any repairs or credits. Please do not disturb the tenants.

WAIMALU 98-161 Kaluamoi Pl, Pearl City

$995,000 - 8 Beds, 4.00 Baths, 2,696 Sf

MLS® # 202306615

Keller Williams Honolulu

Active

3-D Tour

Great opportunity on a quiet corner lot in Pacific Palisades! Home has been freshly painted and remodeled, but also leaves room for one to add their personal touches as well. This cul de sac home has a lot of street parking and can easily fit 4 cars on the property. The main home features 3 bedrooms with all new LVP flooring, new windows, and the ability to design your own custom island in the kitchen. The separate living space has 2 additional bedrooms, full bath, LVP flooring, and room to create a custom wet bar in the main living area. Additional upgrades includes a new refrigerator, barn door (primary bedroom) and recessed lighting throughout. The bathrooms feature all new toilets, tub, walk-in shower and sinks/vanities. The yard is a blank canvas for custom landscaping or concrete to add more storage or a possible lanai. The heavy lifting for this one is done and ready for a buyers finishing touches! Retaining wall in the terraced backyard was also recently replaced. Great location is close to shopping, dining, and entertainment in Pearl Highlands. Easy commute to Pearl Harbor/Hickam and fast access to H-3 as well. Easy to show! Some photos have been virtually enhanced.

PACIFIC PALISADES 2226 Apoepoe St, Pearl City

$999,950 - 5 Beds, 2.50 Baths, 1,548 Sf

MLS® # 202306309

Redfin Corporation

Active

Open House

PEARL CITY-UPPER 1130 Panee St, Pearl City

$925,000 - 3 Beds, 2.00 Baths, 1,800 Sf

MLS® # 202303452

Aloha Pacific Properties Inc

$875,000

Get directions to this property:

$875,000

Essential Information

Community Information

Amenities

Utilities

Interior

Exterior

Exterior

Additional Information

Listing Details

Property History

Quick Details

Similar Properties You Might Like

WAIMALU 98-161 Kaluamoi Pl, Pearl City

PACIFIC PALISADES 2226 Apoepoe St, Pearl City

PEARL CITY-UPPER 1130 Panee St, Pearl City

Have a Question or Need More Info?