444 NIU Street Unit 2607, Honolulu, HI 96815

$485,000
1
BD
2
BA
532
SqFt

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List Price
$485,000
Price Change
▼ $5,000 1785136141
MLS#
202610778
Status
ACTIVE
Type
Condo
Bedrooms
1
Bathrooms
2
Living Area
532
Land Tenure
Fee Simple
Neighborhood
Waikiki

Property Description

Investors, take note! This is a rare opportunity to own a high-floor corner unit in the legally zoned, short-term rental building—the Hawaiian Monarch. Currently configured as a 1-bed, 2-bath layout, this property has been cleverly divided into two separate adjoining studios (Units A & B) with independent key-card entries. Maximize cash flow by renting both concurrently as short-term rentals, utilize a hybrid long-term strategy, or live in one and let the other pay your mortgage! Perched on the 26th floor, Unit 2607 boasts stunning wide angle views of the Ala Wai Canal, mountains, and city lights. Studio A features a full kitchen; Studio B includes a wet bar setup, ensuring total privacy for separate guests. Enjoy resort-style amenities: a massive 5th-floor pool deck, hot tub, fitness center, BBQ areas, 24-hr security, and laundry. Ultimate convenience with ground-floor eateries, a coffee shop, mini-mart, and car rentals. Ideally located blocks from world-famous beaches (~10 min walk) and the Hawaii Convention Center (~5 min walk). Vacant, fully furnished, and very easy to see. Priced aggressively for a quick sale—own a turnkey piece of paradise today!

Additional Information

Year Built
1979
View
Canal, Mountain(s)
Frontage
Other

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Calculator source: Real Geeks

Courtesy of Fahrni Realty, Allen S Fahrni.

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Contact: (808) 486-4166