1120 Pua Ln

MLS® 202403891 (Hawaii Real Estate) is located at 1120 Pua Ln Honolulu HI 96817 in PALAMA . The current listing status is In Escrow Showing. This 0 bed and 0 bath Home was built in 1991 and features 7170 finished sq.ft with a lot size of 0.26 acres. This property is currently listed for an *asking* price of $699,000 (LH - Leasehold) - 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.

CASH COW. Rare Leasehold asset with excellent income and irresistible pricing. Built in 1991, this income GEM is well maintained and rented by the room. Resident manager on site and make sure the property sparkles. Better that 1:1 parking. Currently rented BY THE ROOM (39 rooms) with shared kitchen and bathroom = 7 five bed/1 ba + 2 three bed, one ba. Can convert to 9 separate rentals to lessen management and overhead (electric and water included, 10 electric meters, 1 water meter), plus Bonus electric charging station for EV)! Lender has verified a $270,000 loan based on “known” rental period to 2027. Lease ends in 2037.