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2014 Fern Street Honolulu HI 96826 MLS #202421146

Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.

Property Details

Price:
$2,650,000
MLS #:
202421146
Status:
Active
Beds:
0
Baths:
0
Address:
2014 Fern Street
Type:
Commercial
Subtype:
Industrial
Subdivision:
MOILIILI
Neighborhood:
Metro
City:
Honolulu
Listed Date:
Sep 16, 2024
State:
HI
Finished Sq Ft:
4,208
Total Sq Ft:
4,208
ZIP:
96826
Lot Size:
278,784,000 sqft / 0.15 acres (approx)
Year Built:
1953

Schools

Interior

Cooling
None
Flooring
Concrete, Wood

Exterior

Community Features
None
Construction Materials
Block, Concrete, See Remarks, Vinyl Siding, Wood Frame
Parking Features
Assigned
Parking Spots
8

Financial

Net Operating Income
$168,964
Taxes
$6,720

Map

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2014 Fern Street
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