99-151 Mikalemi Street, Aiea, HI 96701

$1,075,000
Sold Price
$1,075,000
List Price
$1,099,000
Status
SOLD
Type
Multifamily
MLS#
202321289
Days on Market
19
Closing Date
Dec 15, 2023
Land Area
5,140
Year Built
1967
Neighborhood
Aiea
Land Tenure
FS - Fee Simple

Property Description

Incredible multi-family opportunity that doesn't come around often in Aiea! This R-5 zoned property is on a 5,140 square foot corner lot and includes a two-story hollow-title/wood-frame walk-up with one 3br/1ba unit on each floor, a detached 2 br/1ba dwelling in the back of the property, and a carport. One 3 bedroom is currently vacant. 99-151 Mikalemi Street is in a convenient location and within walking distance of neighborhood shopping, bus stops and schools. All tenants share one electric and water meter, with costs being recouped by Property Management via monthly utility allowance charge. Income/Expenses are pro forma. Buyer to do their own diligence on conformity of rental units.

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
View
None
Easements
None
Parking Total
3
Tenants Responsibilities Include
Cable TV, Electricity, Water
Sqft Building
2118
Lot Size
5,140
Construction Materials
Hollow Tile, Wood Frame
Mls Area Major
PearlCity
Neighborhood
Aiea
Year Built
1967
Tax Amount
$280
Total Income
66000
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Aluminum/Steel, Asphalt Shingle
Recreation Facilities
None
Parking Features
Covered, Open
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
30622
Unit Three Bed Number Of
2
Assessed Total
960000
Assessed Improvement
154400
Assessed Land
805600
Zoning
05 - R-5 Residential District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marcus Realty. Selling Office: RE/MAX Honolulu.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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