2550 Date Street,Honolulu, HI 96826
Honolulu, HI 96826
Description
RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.
Details
| MLS # | 202616575 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 27 |
| Listing Provided By | Five Star Realty, Inc. | Brian Chua |
Features
| SQ Feet | 3,200 |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Zoning | 12 - A-2 Medium Density Apartme |
| Property View | Other |
Exterior
| Construction Materials | Concrete |
|---|
Other
| Community Features | None |
|---|
Taxes
| Property | 6819 |
|---|
Area Information
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | KAPIOLANI |
| Listing VS Median (in KAPIOLANI) | |
Price: $2,638,000 low | high Med: $499,000 sqft: 3,200 low | high Med: 792 $ / sqft: $824 low | high Med: $630 On site: 27 low | high Med: 78 | |
Market Activity 96826
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | KAPIOLANI |
| Listing VS Median (in KAPIOLANI) | |
Price: $2,638,000 low | high Med: $499,000 sqft: 3,200 low | high Med: 792 $ / sqft: $824 low | high Med: $630 On site: 27 low | high Med: 78 | |