84-956 Hanalei ST, Waianae, HI 96792
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84-956 Hanalei ST, Waianae, HI 96792
84-956 Hanalei ST, Waianae, HI 96792
84-956 Hanalei ST, Waianae, HI 96792
84-956 Hanalei ST, Waianae, HI 96792
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Listed by NextHome All Islands
$ 1,765,000
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84-956 Hanalei ST Waianae, HI 96792


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Makaha

MLS Listing ID 202606722

Construction Status Average Condition

HOA Y/N No

Year Built 1936

Annual Tax Amount $3,648

Property Sub-Type Multi Family

Property Description

ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month.

Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies.

Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura's Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible.

Strong income. Value-add potential. Multiple exit strategies. Don't miss this opportunity!

Location

State HI

County Oahu

Area Leeward

Interior

Fireplace No

Laundry In Unit

Exterior

Parking Features Assigned, Covered, Open

Community Features None

Utilities Available Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected

View Y/N Yes

View Mountain(s)

Total Parking Spaces 8

Building

Lot Description Other, Level

Dwelling Type Multi Family

Entry Level One

Sewer Connected

Water Public

Level or Stories One

Construction Status Average Condition

Others

Tax ID 1-8-4-012-016-0000

Special Listing Condition None


Hawaii Central MLS (HiCentralMLS)

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84-956 Hanalei ST

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