927 Spencer Street, Honolulu, HI 96822

$2,400,000
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List Price
$2,400,000
Status
ACTIVE
Type
Multifamily
MLS#
202619361
Days on Market
1
Land Area
6,840
Year Built
1957
Property Type
Residential
Neighborhood
Punchbowl
Land Tenure
FS - Fee Simple
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Property Description

OUTSTANDING VALUE AT JUST $200,000 PER UNIT! 5.4% CAP!!! Excellent opportunity to acquire a fee simple, 12-unit multifamily investment property in the desirable Punchbowl neighborhood! Featuring three separate fourplex buildings, each with four 1-bedroom, 1-bath units, on a 6,840 sq. ft. parcel. All 12 units are currently rented, providing an established income stream. Additional features include 4 parking stalls, separately metered electricity paid by tenants, coin-operated laundry facilities, and on-site storage for select units. Conveniently located near Downtown Honolulu, major employment centers, shopping, dining, and public transportation. An attractive investment opportunity at a compelling price per unit!

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Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
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City
Lot Size
6,840
Construction Materials
Hollow Tile, Masonry, Concrete, Stucco
Neighborhood
Punchbowl
Year Built
1957
Sewer
Connected
Parking Features
Assigned
Lot Features
Cleared
Style
Fourplex
Stories
2
Assessed Total
1946900
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Listing courtesy of CBI Residential Advisory Svcs..

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