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827 Alder Street Honolulu HI 96814 MLS #202424544

Solidly and meticulously constructed in 2022 with exceptional care by the builder-owner, this complex consists of two attached duplex structures totaling four dwelling units: one unit with 3 bedrooms and 3 baths rented for $3500/m, and the other three units with 4 bedrooms and 3 baths rented for $4200/m each. Each dwelling includes an attached two-car garage, making this property ideal for investors or families alike.

Centrally located in the Ala Moana district at the corner of King and Piikoi Streets, this complex is within close proximity to Ala Moana Shopping Center, restaurants, supermarkets, bus routes, hospitals, schools, and all the amenities the City of Honolulu has to offer. The complex is fronted by a city mini-park with a basketball court, providing additional recreational space.

This property represents a rare opportunity for those looking to invest in the entire complex or just own a single dwelling as one’s home in the heart of Honolulu, a world-renowned city.

Property Details

Price:
$5,340,000
MLS #:
202424544
Status:
Active
Beds:
0
Baths:
0
Address:
827 Alder Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
ALA MOANA
Neighborhood:
Metro
City:
Honolulu
Listed Date:
Oct 30, 2024
State:
HI
Finished Sq Ft:
5,143
Total Sq Ft:
5,143
ZIP:
96814
Lot Size:
285,797,160 sqft / 0.15 acres (approx)
Year Built:
2022
Units:
4

Schools

Interior

Laundry Features
In Unit

Exterior

Community Features
None
Construction Materials
Double Wall, Masonry, Concrete, Stucco
Parking Features
Covered
Parking Spots
8

Financial

Net Operating Income
$149,721
Taxes
$16,481

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