Description
Excellent central Honolulu location in BMX-3 zoning offering outstanding development potential. Currently fully-occupied, this multi-family property generates a solid gross annual rental income of $80,940, with tenants paying electricity. The property features two structures: a 2-story front building with four 1-bedroom/1-bath units, and a single-level back structure with two studio units sharing one bathroom. A residential use dedication for property tax runs through 2027. Strong rental demand, stable occupancy, and long-term upside make this an exceptional opportunity for investors or developers seeking both reliable income and future growth in a prime Honolulu locale.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Excellent central Honolulu location in BMX-3 zoning offering outstanding development potential. Currently fully-occupied, this multi-family property generates a solid gross annual rental income of $80,940, with tenants paying electricity. The property features two structures: a 2-story front building with four 1-bedroom/1-bath units, and a single-level back structure with two studio units sharing one bathroom. A residential use dedication for property tax runs through 2027. Strong rental demand, stable occupancy, and long-term upside make this an exceptional opportunity for investors or developers seeking both reliable income and future growth in a prime Honolulu locale.
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