205 North Kuakini Street
Honolulu, HI 96817
$1,277,500
Price
5
Beds
2,565 Sq. Ft.
$498 / Sq. Ft.
2,565
Sq. Ft.
$498
per Sq. Ft.
Description
Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for...Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for electricity, and one master meter for CAM electric. Appraised in October 2023 for $1,460,000.
- Listed by Christina L Dwight • License #RB-20978 • Commercial Inv. Strategies • (808) 429-1098
Property Details for 205 North Kuakini Street
View
None
Zoning11 - A-1 Low Density Apartment
NeighbourhoodNUUANU-LOWER
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 11/07/2024 03:12 PM
Property Details for 205 North Kuakini Street
| Status | Active |
|---|---|
| MLS # | 202420735 |
| Days on Market | 52 |
| Taxes | $331 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1965 |
| Lot Size | 0.12 AC / 5,072 SF |
| County | Honolulu County |
Building Information for 205 North Kuakini Street
Stories-Residences5Year Built1965Building Size-Lot Size0.12 AC / 5,072 SF
Property Information for 205 North Kuakini Street
Summary
Location and General Information
- Topography: Level, Up Slope
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
- Location: Corner
Taxes and HOA Information
- Tax Amount: $331.42
- Tax Assessed Value: $1,136,400.00
- Tax Assessed Value Improvements: $201,400.00
- Tax Assessed Value Land: $935,000.00
- Tax Year: 2024
- Parcel Number: 1-1-7-020-029-0000
- HOA YN: No
Parking
- Parking Features: Assigned
- Parking Total: 5
- Other Parking Features: None
Property
Lot Information
- Property Frontage: Other
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 2565.0
- Sqft Total: 2565.0
- Land Recorded: Regular System
- Lot Features: Clear
- Lot Size Area: 5072.0
- Year Built: 1965
- Building Type: Apartments, Multi Dwellings
Property and Assessments
- Documents: Lease Documents, Other, P&L, Title Search
- Photo Count: 25
- Property Condition: Excellent
- Special Listing Conditions: None
- Disclosures: None
- Foreclosure: No
- Set Backs: C&C
- Supplement Count: 0
- TMK Area: 117
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 29
- TMKPLAT: 20
- TMK Section: 7
- TMK Zone: 1
Utilities
- Utilities: Cable, Internet, Overhead Electricity, Sewer Fee, Water
- Sewer: Connected
- Utilities Meters: Electric, Individual, Water
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Hollow Tile
- Easements: None
- Recreation Facilities: None
- Roof: Other
Interior Features
- Laundry Facilities: Individual
Multi Family
Multi-Family Information
- Commercial Spaces Number Of: 0
- Studio Units Number Of: 0
- Unit One Number Of Bed: 5
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 0
- Number Of Units Total: 5
Income & Expenses
- Total Annual Operating Expenses: $18,732.00
- Total Income: $72,000.00
- Expenses Include: Excise Tax, Insurance, Mgmt Fee, Other, Property Tax, Repair Maintenance, Sewer Fee
- Net Operating Income: $53,268.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 49
- Listing Service: Full Service
- Management Company Name: Self Managed
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for electricity, and one master meter for CAM electric. Appraised in October 2023 for $1,460,000.
- Possession: At Closing, Subject To Tenancy
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
- Tenants Responsibilities Include: Cable TV, Electricity
- Total Actual Rent: $6,000.00
Property History for 205 North Kuakini Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 205 North Kuakini Street
Taxable ValueLand$935,000Additions$201,300Total$1,136,300
Tax Record2023$3,977 ($331 / month)
Home Facts
Total Finished SqFt2,565 SqFtAbove Grade Finished SqFt2,565 SqFtStories2Lot Size5,072 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningA-1CountyHONOLULUAPN1-1-7-020-029
Schools near 205 North Kuakini Street
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Kauluwela Elementary School PublicPK to 5 | ||
Prince David Kawananakoa Middle School Public6 to 8 | ||
President William Mckinley High School Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Commercial Inv. Strategies, Christina L Dwight, License #RB-20978