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1651 Frog Lane, Honolulu, HI 96817

$4,588,000

  • For Sale
  • Active
  • Multi-Family
  • Kuakini
  • Fee Simple
  • Updated 2 days ago
1651 Frog Lane, Honolulu, HI 96817View this property at 1651 Frog Lane, Honolulu, HI 96817
1651 Frog LaneHonoluluHI96817

Property Description

Prime large 3 story solid hollow tile building seldom available for sale in great Town location near Nuuanu, Liliha and Kuakini. Large lot offers 18 parking spaces (some covered) for 13 two bedroom and 2 three bedroom apartment units, total 15 units. Hard to find all 2 and 3 bedroom unit apartment buildings and this is the one! Very good condition, some units renovated, all in move in condition. Stable tenant history with chance to raise rents to improve already impressive cash flow. Separate coin laundry with 3 washers and 3 dryers for added income. Centralized gas heating system for all tenants. Newly paved street with easy access off Liliha.

Full Property Details for 1651 Frog Lane

General

  • Price: $4,588,000
  • Taxes: $709 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 201725129
  • Updated: 2/19/2018
  • Added: 79 day(s) ago

Property History

  • 1651 Frog Lane, Honolulu, HI
  • Reduced to $4,588,000 on 12/18/17
  • Listed at $4,688,000 on 12/5/17

Interior

  • Furnishings: Partial

Rooms

Other Rooms

  • Laundry: Coin, Dryer, Washer

Additional Information

  • Amenities: None
  • Recreation: None

Parking

  • Parking Features: Assigned, Covered, Open
  • Parking Type: Assigned, Covered, Open
  • Other Parking Type: <10 Spaces

Location

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

Utilities

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

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Hollow Tile
  • Roof: Pitch & Gravel
  • Stories Description: Three
  • Square Feet: 10,274
  • Year Built: 1969
  • Property Condition: Above Average, Average

Unit Information

  • 2 Bedroom Units: 13
  • 3 Bedroom Units: 2

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 10,248
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 11 - A-1 Low Density Apartment
  • Lot Description: Clear

Financial Considerations

  • Expenses: Excise Tax, Insurance, Property Tax, Sewer Fee
  • Operating Expenses: $48,852
  • Tax Amount: $709
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: Lease Documents, Survey, Title Search
  • Land Tenure: Fee Simple
  • Flood Zone: Zone X
  • Disclosures/Reports: None
  • Property ID: 1-1-7-019-016-0000

Listed by Five Star Realty, Inc. and Five Star Realty, Inc.

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Schools

Schools serving 1651 Frog Lane

School District:
Hawai'i Department Of Education
School Name
Grades
Distance
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
PK-5
0.2 mi
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
6-8
0.4 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.

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Community Info

Community Infofor 1651 Frog Lane

1651 Frog Lane, Honolulu, HI 96817 (MLS# 201725129) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 1651 Frog Lane is currently listed for $4,588,000 and was received on December 05, 2017. Want to learn more about 1651 Frog 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.

Listed by Five Star Realty, Inc. and Five Star Realty, Inc.