907 Gulick Avenue
Honolulu, HI 96819
$1,499,000
Price
8
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for a first time or seasoned investor to come make it their own. This building is centrally located in close...Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for a first time or seasoned investor to come make it their own. This building is centrally located in close proximity to shops, restaurants, convenience stores, gas stations, bus routes and much more! Don't wait and miss this amazing opportunity to start or grow your investment portfolio! Do Not bother any tenants. Do Not walk on the property without appointment
- Listed by Vincent Lao • License #RB-18181 • Five Star Realty, Inc. • (808) 382-6871
- Listed by Michael L Vuong • License #RB-24049 • Five Star Realty, Inc. • (808) 382-6871
Property Details for 907 Gulick Avenue
View
City
Zoning46 - IMX-1 Industrial-Commercia
NeighbourhoodKAPALAMA
Flood ZoneZone X
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 05/22/2024 12:58 PM
Property Details for 907 Gulick Avenue
| Status | Active |
|---|---|
| MLS # | 202411637 |
| Days on Market | 196 |
| Taxes | $320 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1963 |
| Lot Size | 0.07 AC / 3,195 SF |
| County | Honolulu County |
Building Information for 907 Gulick Avenue
Stories-Residences4Year Built1963Building Size-Lot Size0.07 AC / 3,195 SF
Property Information for 907 Gulick Avenue
Summary
Location and General Information
- Topography: Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
Taxes and HOA Information
- Tax Amount: $320.00
- Tax Assessed Value: $1,097,500.00
- Tax Assessed Value Improvements: $149,500.00
- Tax Assessed Value Land: $948,000.00
- Tax Year: 2023
- Parcel Number: 1-1-2-011-091-0000
- HOA YN: No
Parking
- Parking Features: Assigned, Covered
- Parking Total: 4
- Other Parking Features: None
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- Land Recorded: Regular System
- Lot Features: Other
- Lot Size Area: 3195.0
- Year Built: 1963
- Year Remodeled: 1973
- Building Type: Apartments
Property and Assessments
- Documents: Lease Documents, Survey
- Photo Count: 9
- Property Condition: Above Average, Average
- Special Listing Conditions: None
- Disclosures: Property Disclosure Stmt
- Foreclosure: No
- Set Backs: C&C
- Supplement Count: 0
- TMK Area: 112
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 91
- TMKPLAT: 11
- TMK Section: 2
- TMK Zone: 1
Utilities
- Utilities: Cable, Internet, Overhead Electricity, Public Water, Telephone
- Sewer: Connected
- Utilities Meters: Electric, Individual, Water
Interior and Exterior Features
Exterior Features
- Amenities: Storage
- Construction Materials: Hollow Tile, Slab
- Easements: None
- Roof: Other
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: 4
- Number Of Units Total: 4
Income & Expenses
- Total Annual Operating Expenses: $8,560.00
- Total Income: $78,132.00
- Expenses Include: Excise Tax, Insurance, Property Tax
- Net Operating Income: $69,572.00
- Other Income: $.00
Agent
Sale and Listing
- DOM: 87
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for a first time or seasoned investor to come make it their own. This building is centrally located in close proximity to shops, restaurants, convenience stores, gas stations, bus routes and much more! Don't wait and miss this amazing opportunity to start or grow your investment portfolio! Do Not bother any tenants. Do Not walk on the property without appointment
- Possession: At Closing, Subject To Tenancy
Rental
Rent Information
- Total Actual Rent: $6,511.00
Property History for 907 Gulick Avenue
| 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 907 Gulick Avenue
Taxable ValueLand$948,000Additions$150,200Total$1,098,200
Tax Record2023$3,841 ($320 / month)
Home Facts
Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories2Lot Size3,195 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1973ZoningIMX-1 IND-COMCountyHONOLULUAPN1-1-2-011-091
Schools near 907 Gulick Avenue
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 |
|---|---|---|
Kalihi Kai 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Kapalama
Neighborhoods
Cities
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 Five Star Realty, Inc., Vincent Lao, License #RB-18181; Five Star Realty, Inc., Michael L Vuong, License #RB-24049