84-956 Hanalei Street,Waianae, HI 96792
Waianae, HI 96792
Description
ATTENTION INVESTORS - STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month. Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies. Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura’s Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible. Strong income. Value-add potential. Multiple exit strategies. Don’t miss this opportunity!
Details
| MLS # | 202606722 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 143 |
| Listing Provided By | NextHome All Islands | Timothy J Murray |
Features
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Zoning | 05 - R-5 Residential District |
| Property View | Mountains |
Exterior
| Construction Materials | Single Wall, Wood Frame |
|---|
Other
| Community Features | None |
|---|
Taxes
| Property | 3648 |
|---|
Area Information
| State | HI |
|---|---|
| County | Oahu |
| City | Waianae |
| Zip Code | 96792 |
| Area | Oahu |
| Community Name | MAKAHA |
| Listing VS Median (in MAKAHA) | |
Price: $1,765,000 low | high Med: $299,000 On site: 143 low | high Med: 58 | |
Market Activity 96792
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Waianae |
| Zip Code | 96792 |
| Area | Oahu |
| Community Name | MAKAHA |
| Listing VS Median (in MAKAHA) | |
Price: $1,765,000 low | high Med: $299,000 On site: 143 low | high Med: 58 | |