Bought with Real Estate Strategies, LLC
$1,930,000
$1,880,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1413 Emerson ST Honolulu, HI 96813
Key Details
Sold Price $1,930,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Punchbowl-Lower
MLS Listing ID 202509428
Sold Date 05/27/25
Construction Status Average Condition
HOA Y/N No
Year Built 1947
Annual Tax Amount $5,280
Property Sub-Type Multi Family
Property Description
Perfect turn key investment property! Renovated interiors, newly painted exterior, and stabilized rents with great cashflow! All the work is done! High demand rental area with close proximity to Queen's Hospital, Straub Hospital, Downtown Honolulu and more. Seven (7) - 2 Bed / 1 Bath and Three (3) - 1 Bed / 1 Bath apartment units. Strong Cashflow generating over $14k in gross rents and an in place 6.2% CAP rate on stabilized income and expenses.
Location
State HI
County Oahu
Area Metro
Interior
Furnishings Partially
Fireplace No
Appliance Dryer, Washer
Laundry Coin-operated
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View City
Total Parking Spaces 4
Building
Lot Description Cleared, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 1-2-1-039-044-0000
Financing Conventional
Special Listing Condition None
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