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1641 Stillman Lane, Honolulu, HI 96817

$1,850,000

  • For Sale
  • Active
  • Multi-Family
  • Kuakini
  • Fee Simple
1641 Stillman Lane, Honolulu, HI 96817View this property at 1641 Stillman Lane, Honolulu, HI 96817
1641 Stillman LaneHonoluluHI96817

Property Description

5.87% cap ON ACTUALS. Two Buildings with hollow tile 1st floors: one 2-story, one 3-story. Walkable to downtown Honolulu, located a stone's throw from Kuakini Hospital. 100% occupied with close-to-market rents means you're cash-flow positive from the very start. Interiors renovated in 2005 (new laminate floors, paint, appliances, copper supply lines & copper drain lines in many areas & 4 new kitchens. Flood insurance is less than $3,000/year. Since lot is below grade, upgraded sump pumps w/ new electrical panel + 220V grinder system that is automatically controlled.

Full Property Detailsfor 1641 Stillman Lane

General

  • Price: $1,850,000
  • Taxes: $280 (2018)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 201811773
  • Updated: 5/29/2018
  • Added: 50 day(s) ago

Interior

  • Furnishings: Partial

Rooms

Other Rooms

  • Laundry: Coin

Additional Information

  • Amenities: None
  • Recreation: None

Parking

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

Location

  • Area: Metro
  • County: Oahu
  • Neighborhood: KUAKINI

Community

  • Mgmt. Company: self managed

Utilities

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

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Hollow Tile, Wood Frame
  • Roof: Composition
  • Stories Description: Two, Three
  • Square Feet: 4,060
  • Year Built: 1956
  • Remodeled/Updated: 2006
  • Property Condition: Average

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 4
  • 3 Bedroom Units: 2

Lot Features

  • Property View: Other
  • Lot Size (Sq. Ft.): 5,479
  • Topography: Down Slope, Steep Slope
  • Lot Features: Clear
  • Zoning: 11 - A-1 Low Density Apartment
  • Lot Description: Clear

Water Features

  • Water Front: Yes

Financial Considerations

  • Expenses: Excise Tax, Insurance, Other, Property Tax, Repair Maintenance, Sewer Fee
  • Operating Expenses: $38,323
  • Tax Amount: $280
  • Tax Year: 2018
  • Terms: Cash, Conventional, Exchange
  • Tenant Pays: AC, Cable TV, Electricity

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: Lease Documents, Other, P&L, Survey, Title Search
  • Land Tenure: Fee Simple
  • Flood Zone: Zone AE
  • Disclosures/Reports: 1031 Exchange, Non Resident Owner
  • Property ID: 1-1-7-019-026-0000

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Schools

Schoolsserving 1641 Stillman Lane

School District:Hawai'i Department Of Education
School Name
Grades
Distance
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
PK-5
0.1 mi
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
6-8
0.3 mi
President William McKinley High School
1039 South King St, Honolulu, HI 96814
9-12
1.6 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 1641 Stillman Lane Get Price Alerts

Date
Details
Price
Change
Source
5/02/2018
Listed
$1,850,000
105.56%
MLS
9/15/2005
Sold
$900,000
Public Record
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.

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Community Info

Community Infofor 1641 Stillman Lane

Listed by Commercial Inv. Strategies

1641 Stillman Lane, Honolulu, HI 96817 (MLS# 201811773) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1641 Stillman Lane is currently listed for $1,850,000 and was received on May 02, 2018. Want to learn more about 1641 Stillman Lane? Do you have questions about finding other Multi-Family real estate for sale in Kuakini? You can browse all Kuakini real estate or contact a Coldwell Banker agent to request more information.