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2827-B Waialae Avenue Honolulu HI 96826 MLS #202424671

Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.

Property Details

Price:
$2,323,000
MLS #:
202424671
Status:
Active
Baths:
0
Address:
2827-B Waialae Avenue
Type:
Multi Family
Subtype:
Multi-Family
Neighborhood:
MOILIILI
City:
Honolulu
Listed Date:
Nov 1, 2024
State:
HI
ZIP:
96826
Lot Size:
5,525 sqft / 0.13 acres (approx)
Year Built:
1939

Schools

Interior

Laundry Facilities
Coin

Exterior

Lot Features
Other
Parking Features
Assigned
Parking Total
6
Roof
Composition
Utilities
Overhead Electricity, Public Water, Sewer Fee, Telephone
View
Garden, Marina/ Canal, Mountain

Financial

Map

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2827-B Waialae Avenue
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