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$ 2,500,000
Est. payment /mo
Active
87-274D St Johns Road Waianae, HI 96792
0.66 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202226278
Year Built 1946
Lot Size 0.661 Acres
Acres 28785.0
Property Sub-Type Multi-Family
Property Description
FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii's most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000.
With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience.
Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience.
Key investment features:
Modern kitchens with new appliances (refrigerator and stove)
Expansive, fenced yards with washer/dryer hookups
Two-car carports for each home
All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.
Location
State HI
County Waianae
Area Leeward
Zoning Zone X
Interior
Heating Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Inclusions None
Exterior
Parking Features Covered
Garage Spaces 12.0
Utilities Available Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Amenities Available None
View None
Total Parking Spaces 12
Building
Lot Description Flag Lot
Story One
Sewer Connected
Schools
Elementary Schools Maili
Middle Schools Waianae
High Schools Waianae
Others
Ownership FS - Fee Simple
Listed by Hawaii Real Estate Properties