94-246 Aniani Place, Waipahu, HI 96797

$2,343,563

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List Price
$2,343,563
MLS#
202521549
Status
ACTIVE
Type
Multifamily
Land Tenure
Fee Simple
Neighborhood
Waipahu Lower

Property Description

Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu!

Additional Information

Year Built
1961
View
None
Sewer
Connected

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Calculator source: Real Geeks

Courtesy of Ivy K Realty, LLC, Marc T Kumai.

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Contact: (808) 591-5660