MLS® 202209008 (Hawaii Real Estate) is located at 745 Makaleka Ave Honolulu HI 96816 in KAPAHULU . The current listing status is In Escrow Showing. This 0 bed and 0 bath Home was built in 1962 and features 4514 finished sq.ft with a lot size of 0.14 acres. This property is currently listed for an *asking* price of $2,800,000 (FS - Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.
First time on the market. Well-maintained 8 unit all-concrete building with excellent unit mix – (6) 2-bedroom and (2) 1-bedroom units. 9 total parking stalls available. 7 on-site parking stalls (one stall is tandem) + 2 stalls leased directly across Makaleka Street for $60/mo each. There is also the ability to rent additional stalls across the street if desired, and plenty of street parking. All units have lanais and most have washing machines. This building has copper gutters, separate electrical meters, and a rare yard in the back. Over $200,000 in capital improvements over the past 5 years. Sizeable land area provides development options under Bill 7. Very close to stores and restaurants on Kapahulu Ave. 3 units are vacant and easy to show. Proforma NOI should be closer to $125,600.
Cable, Overhead Electricity, Public Water
Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. active listings last updated on June 29th, 2022 at 2:08am HST. Information is deemed reliable but not guaranteed. Copyright: 2022 by the Honolulu Board of REALTORS®.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Listing information last updated on June 29th, 2022 at 2:08am HST.