219 Kalihi Street
Honolulu, HI 96819
$2,550,000
Price
12
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 :...Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!
- Listed by Celester Thomas • License #RB-22155 • Soldier To Soldier HI Realty • (808) 312-7884
Property Details for 219 Kalihi Street
View
None
Zoning42 - I-2 General Industrial Dis
NeighbourhoodKAPALAMA
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 09/23/2024 12:51 PM
Property Details for 219 Kalihi Street
| Status | Active |
|---|---|
| MLS # | 202417418 |
| Days on Market | 109 |
| Taxes | $2,200 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1960 |
| Lot Size | 0.22 AC / 9,514 SF |
| County | Honolulu County |
Building Information for 219 Kalihi Street
Stories-Residences6Year Built1960Building Size-Lot Size0.22 AC / 9,514 SF
Property Information for 219 Kalihi Street
Summary
Location and General Information
- Topography: Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
Taxes and HOA Information
- Tax Amount: $2,200.00
- Tax Assessed Value: $2,388,300.00
- Tax Assessed Value Improvements: $166,100.00
- Tax Assessed Value Land: $2,222,200.00
- Tax Year: 2023
- Parcel Number: 1-1-2-006-068-0000
- HOA YN: No
Parking
- Parking Features: Assigned, Open
- Parking Total: 15
- Other Parking Features: 10+ Spaces
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- Land Recorded: Land Court
- Lot Features: Clear
- Lot Size Area: 9514.0
- Year Built: 1960
- Year Remodeled: 1970
- Building Type: Multi Dwellings
Property and Assessments
- Photo Count: 10
- Property Condition: Above Average
- Special Listing Conditions: None
- Disclosures: Property Disclosure Stmt
- Foreclosure: No
- Set Backs: None
- Supplement Count: 0
- TMK Area: 112
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 68
- TMKPLAT: 6
- TMK Section: 2
- TMK Zone: 1
Utilities
- Utilities: Cable, Internet, Water
- Sewer: Connected
- Utilities Meters: Electric
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Brick
- Easements: None
- Roof: Asphalt Shingle
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 0
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 6
- Number Of Units Total: 6
Income & Expenses
- Total Annual Operating Expenses: $26,400.00
- Total Income: $123,600.00
- Expenses Include: Property Tax
- Net Operating Income: $96,600.00
- Other Income: $3,000.00
Agent
Sale and Listing
- DOM: 51
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!
- Possession: At Closing
Rental
Rent Information
- Total Actual Rent: $10,300.00
Property History for 219 Kalihi 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 219 Kalihi Street
Taxable ValueLand$2,222,200Additions$166,100Total$2,388,300
Tax Record2023$28,495 ($2,375 / month)
Home Facts
Total Finished SqFt2,904 SqFtAbove Grade Finished SqFt2,904 SqFtStories2Lot Size9,514 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1970ZoningI-2 INDUSTRIACountyHONOLULUAPN1-1-2-006-068
Schools near 219 Kalihi 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 - | K to 12 |
Rating | School | Distance |
|---|---|---|
Puuhale Elementary School PublicPK to 5 | ||
King David Kalakaua Middle School Public6 to 8 | ||
Governor Wallace Rider Farrington 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 Soldier To Soldier HI Realty, Celester Thomas, License #RB-22155