437 Namahana Street Honolulu, HI 96815
6,067 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,067 sqft
Price per Sqft $659
MLS Listing ID 202415757
Year Built 1966
Lot Size 4,500 Sqft
Acres 4500.0
Property Sub-Type Multi-Family
Property Description
This distinguished property features a well-maintained, fully leased 12-unit apartment building, generating steady rental income. The approaching expiration of the ground lease provides a timely opportunity for investors to unlock further value through redevelopment or enhancement of the existing improvements.
Ideal for investors looking to capitalize on the ground lease expiration, this property offers significant value-add opportunities. By renovating the apartment building and adjusting rents to market rates, investors can maximize returns and
enhance the property's overall value.
Location
State HI
County Honolulu
Area Metro
Zoning Zone AO
Interior
Heating Cable, Internet, Overhead Electricity, Public Water
Inclusions None
Exterior
Parking Features Covered
Garage Spaces 6.0
Utilities Available Cable, Internet, Overhead Electricity, Public Water
Amenities Available None
View None
Total Parking Spaces 6
Building
Lot Description Other
Story Three
Sewer Connected
Schools
Elementary Schools Ala Wai
Middle Schools Washington
High Schools Mckinley
Others
Ownership FS - Fee Simple
Virtual Tour https://unbranded.youriguide.com/437_namahana_street_honolulu_hi/
