Bought with List Sotheby's Int'l Realty
$5,000,000
$5,000,000
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1623 Alapai ST Honolulu, HI 96813
Key Details
Sold Price $5,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Punchbowl Area
MLS Listing ID 202212082
Sold Date 10/31/22
Construction Status Average Condition,Good Condition
HOA Y/N No
Year Built 1971
Annual Tax Amount $9,152
Property Sub-Type Multi Family
Property Description
A GEM at the base of Punchbowl. This 17 unit building is poised for income potential. 7 - 1 bedroom units, 10 - 2 bedroom units. 1 beds are 480 sq ft, 2 bedrooms are either 600 or 720 sq ft depending on stack. CMU construction, concrete walls between units, individual electric meters, assigned parking, resident manager on site, great ocean and city views, very well maintained. At the end of Alapai Street against the hills of Punchbowl provides privacy for the units and cool breezes. Laundry facilities onsite and a communal garden. Units have been upgraded as tenants moved out, all varies. Long time residents have lived in the building. First time changing hands in over 43 years. Please review financial listing packet for more information on rent roll, expenses, pro-forma, survey, floor plans etc. Amazing rental income opportunity with a solid building that has been well maintained.
Location
State HI
County Oahu
Area Metro
Interior
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Washer
Laundry Coin-operated
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
Amenities Available Management
View Y/N Yes
View Coastline, City, Ocean
Total Parking Spaces 18
Building
Lot Description Cleared, Dead End, Level
Entry Level Three Or More
Sewer Connected
Water Public
Level or Stories Three Or More
Construction Status Average Condition,Good Condition
Others
Tax ID 1-2-2-004-019-0000
Financing Cash
Special Listing Condition None
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