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$2,700,000
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Property Description
Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.
Full Property Details
Full Property Details for 2014 Fern St
General
- Sold For: $2,700,000
- Taxes: $6,720
- Status: Closed
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202421145
- Added to Site: 297 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Dryer, Washer
- Furnishings: Partially
Rooms
Other Rooms
- Laundry: Coin-operated
Parking
- Total Spaces: 6
- Parking Features: Assigned
Location
- Area: Metro
- County: Oahu
- Subdivision: MOILIILI
Utilities
- Sewer: Connected
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
Structural Information
- Structure Type: Apartment, Multi Family
- Detached/Attached: Detached
- Construction: Hollow Tile, Vinyl Siding, Wood Frame
- Stories/Levels: 2
- Square Feet: 4,208
- Year Built: 1953
- Property Condition: Excellent
Lot Features
- Property View: City
- Lot Size: 6400
- Topography: Level
- Lot Features: Cleared, Interior Lot, Level
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Operating Expenses: $44,756
- Assessment Amount: $1,920,000
- Tax Amount: $6,720
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: 1031 Exchange, Principal is Real Estate Licensed
- Disclosures/Rstr.: 1031 Exchange, Principal is Real Estate Licensed
- Property ID: 1-2-7-002-009-0000
Listed by Commercial Inv. Strategies
Sold by Century Realty
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Schools
Schools serving 2014 Fern St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
810 Pumehana St, Honolulu, HI 96826 | K-5 | 0.2 mi | |
1633 S King St, Honolulu, HI 96826 | 6-8 | 0.4 mi | |
2705 Kaimuki Ave, Honolulu, HI 96816 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2014 Fern St
Date
Details
Price
Change
Source
2/28/2025
Sold
$2,700,000
1.89%
MLS
12/11/2024
Price Reduced
$2,650,000
-11.31%
MLS
10/07/2024
Price Reduced
$2,988,000
-5.14%
MLS
9/16/2024
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2014 Fern Street, Honolulu, HI 96826 (MLS# 202421145) is a Multi-Family property that was sold at $2,700,000 on February 28, 2025. Want to learn more about 2014 Fern Street? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.