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1311 Freeland Place, Honolulu, HI 96813

$875,000

  • Sold
  • Closed
  • Multi-Family
  • Punchbowl-Lower
  • Fee Simple
1311 Freeland Place, Honolulu, HI 96813View this property at 1311 Freeland Place, Honolulu, HI 96813
1311 Freeland PlaceHonoluluHI96813

Map & Location

Street View

Property Description

Cash cow! 6 separate apartments, all with their own entrance from the outside. No interconnecting doors. New roof installed Feb 2017. Tenants pay all their own utilities. Separate water meter for each unit. Building may not match tax records. Community coin operated washer and dryer. Fully occupied by long term tenants. Building is 2456 sq ft and lot is 3363 sq ft. Zoned A-2 medium density. NOI is $59,684 for 2016. Cap rate is 6% for 2016. $995,000 only $166,000 per unit. No parking , but bus stops nearby.

Full Property Detailsfor 1311 Freeland Place

General

  • Sold For: $875,000
  • Taxes: $198 (2017)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 201709061
  • Added: 388 day(s) ago

Rooms

Other Rooms

  • Laundry: Coin

Additional Information

  • Amenities: None, Fire Sprinkler
  • Recreation: None

Parking

  • Parking Features: None
  • Parking Type: None
  • Other Parking Type: None

Location

  • Area: Metro
  • County: Oahu
  • Neighborhood: PUNCHBOWL-LOWER

School Information

  • Elementary School: Kaahumanu
  • Middle School: Central
  • High School: Mckinley

Utilities

  • Sewer: Connected
  • Utility Description: Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water
  • Metering: Electric, Gas, Individual, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Concrete, Single Wall
  • Roof: Asphalt Shingle
  • Stories Description: Two
  • Square Feet: 2,456
  • Year Built: 1937
  • Property Condition: Fair

Unit Information

  • 1 Bedroom Units: 5
  • 2 Bedroom Units: 1

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 3,364
  • Topography: Level
  • Lot Features: Other
  • Zoning: 12 - A-2 Medium Density Apartme
  • Lot Description: Other

Financial Considerations

  • Expenses: Excise Tax, Insurance, Property Tax, Repair Maintenance
  • Operating Expenses: $21,574
  • Tax Amount: $198
  • Tax Year: 2017
  • Terms: Cash, Conventional, Exchange, Open, PMM
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: P&L, Tax Return
  • Land Tenure: Fee Simple
  • Flood Zone: Zone X
  • Disclosures/Reports: 1031 Exchange, Licensed Owner, Listor Owner
  • Property ID: 1-2-1-040-016-0000

Listed by Don Binning
Sold by Ivy K Realty, LLC

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Your Property Information

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Schools

Schoolsserving 1311 Freeland Place

School District:Hawai'i Department Of Education
School Name
Grades
Distance
Queen Ka Ahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
PK-5
0.5 mi
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
6-8
0.8 mi
President William McKinley High School
1039 South King St, Honolulu, HI 96814
9-12
0.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1311 Freeland Place

Date
Details
Price
Change
Source
3/08/2018
Sold
$875,000
-12.06%
MLS
5/01/2017
Listed
$995,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 1311 Freeland Place

Listed by Don Binning
Sold by Ivy K Realty, LLC

1311 Freeland Place, Honolulu, HI 96813 (MLS# 201709061) is a Multi-Family property that was sold at $875,000 on March 08, 2018. Want to learn more about 1311 Freeland Place? Do you have questions about finding other Multi-Family real estate for sale in Punchbowl-Lower? You can browse all Punchbowl-Lower real estate or contact a Coldwell Banker agent to request more information.