2550 Date Street, Honolulu, HI 96826

Property Description

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.