808 Makaleka Avenue is a $1,399,000 home on a 0.07 acre lot located in Honolulu, HI.
$71,914/yr CURRENT NOI. 4.96% CAP, self managed. $86,314 PROFORMA NOI. 5.96% CAP, self managed. Extremely desirable location, 1 block of Kapahulu (directly behind Safeway). 100% Occupied. Long term tenants (4 of 6 are over 10 years) and all M-T-M. Low property tax. NOT in a flood zone. 3 tandem parking stalls with plenty of quiet street parking. 1 water meter, 4 electric meters: owner pays for units E (studio), F, and Laundry. 1031X contingent (however, Seller has identified replacement properties.)
Interior Features | Amenities - None Utilities - Cable |
# Parking Spaces | 3 |
Parking Types | Tandem |
Exterior Features | Easements - None Utilities - Overhead Electricity |
Views | City |
Construction Types | Hollow Tile Property Condition - Average |
Land Type | Clear Lot Topography - Level |
Water Source | Utilities - Public Water Utilities - Water |
Sewer | Connected |
Property Type | Multi-Family |
Property Sub Type | Multi-Family |
Style Characteristics | Multi-Family |
Style | Stories - Two Fee Simple |
Year Built | 1941 |
Maintenance Expenses | $0.00 |
Neighborhood | Kapahulu |
Based on information from the HICENTRAL MLS LTD., last updated 07/26/2024 at 07:28pm MDT. 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. Information deemed reliable but not guaranteed by the MLS or this website.