Address
2020 Waterhouse Street Honolulu, HI
Price
$ 3,400,000
Property Attributes
  • MLS#202015542
  • TypeMulti-Family
  • CountyOAHU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodKAPALAMA
  • Zip96819
  • StyleApartments
  • Year Built1960
  • Taxes431
  • Price$ 3,400,000
  • Bedrooms12
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6088
  • Lot Size6,390 SqFt
Listing Provided Courtesy Of:
Estates Royal Limited
Property Description

Conveniently located on the corner of Waterhouse and Kopke Streets, just one block in from N King Street. 12-unit apartment with six 2BR/1BA units and six 1BR/1BA units that include a bonus room (den). Extensively renovated interiors with new floors, lights, paint, kitchen cabinets, appliances and bathrooms. Other upgrades include new gas & plumbing lines, updated electrical, exterior paint, spalling, stair rails, rain gutters, roof recoating and ground resurfacing. All units fully leased on 1-year terms expiring April 2021. Strong cash flow property with gross actual income of $233K; pro forma net income of $172K reflects a 5.1% cap rate.

Price History
7/6/2020 Listed $3,400,000

General Features

Amenities None
Easements None
Land Tenure FS - Fee Simple
Property Condition Excellent
Roof Other
Sewer Connected
Status Active
TMK Area 112
TMK Division 1
TMK Parcel 51
TMK Plat 11
TMK Section 2
TMK Zone 1
Terms Offered Cash, Conventional
Topography Level
Utilities Cable, Gas, Internet, Overhead Electricity, Sewer Fee, Water
View None
Year Remodeled 2020

Interior Features

Furnished Y/N Partial
Stories Type Two
Total Units 12

Exterior Features

Lot Description Clear
Lot Size Area 6390.00
Parking Features Assigned
Parking Total 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96819

Price
AVG $2.09M
$3.4M
Taxes
AVG $683
$431
Visits
AVG 58
57
Year Built
AVG 1953
1960

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