A rare investment opportunity awaits in Kapalama with this well-maintained four-unit apartment building. The property features four units, each offering two bedrooms, one bathroom, and one assigned parking stall. All units are equipped with washer connections and are individually metered for electricity allowing tenants to cover this utility cost and helping reduce owner expenses. Located in a strong rental market, the property is 100% occupied and produces strong income with an estimated net cap rate of above 5%!! Whether you are entering the investment market for the first time or expanding an existing portfolio, this property offers solid long-term potential. Conveniently situated near everyday essentials including shopping, dining, gas stations, convenience stores, and major bus routes, the location provides excellent accessibility for tenants. Please respect privacy and do not disturb tenants or enter the property without a confirmed appointment.
| MLS # | 202605252 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 165 |
| Listing Provided By | Coldwell Banker Realty | Travis L McGaughy |
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | 46 - IMX-1 Industrial-Commercia |
| Property View | None |
| Construction Materials | Double Wall, Hollow Tile, Concrete |
|---|
| Community Features | None, Other |
|---|
| Property | 3840 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96819 |
| Area | Oahu |
| Community Name | KAPALAMA |
| Listing VS Median (in KAPALAMA) | |
Price: $1,334,000 low | high Med: $975,000 On site: 165 low | high Med: 80 | |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96819 |
| Area | Oahu |
| Community Name | KAPALAMA |
| Listing VS Median (in KAPALAMA) | |
Price: $1,334,000 low | high Med: $975,000 On site: 165 low | high Med: 80 | |