Double Corner Lots! 2141 Palolo: 4,875sf (vacant) AND 2144 Kauhana: 5,005sf (2442sf apt + 2974sf comm). Excellent opportunity to own an apartment building with parking and commercial space in Palolo! 2144 Kauhana lot is 8 units: 7 ones and 1 permitted comm space (previously a convenience store, now an office-see attachments) on 5,005sf, taxed at B-2 zoned rate (legal, non-conforming). Commercial tenant has options to stay until 2022. All but 1 apartment tenants are MTM. 2141 Palolo lot is vacant lot of 4,875sf taxed at R5 zoned rate, currently used for parking. All units occupied, AND a commercial laundromat across the street. NOI for the property is ACTUAL with seasoned leases and no vacancy. *See encroachment agreement in attachments.
Full Property Details
Full Property Details for 2144 Kauhana St
Taxes: $17,268 (2019)
MLS ID: 201926041
Added: 153 day(s) ago
Business Type: Condo/Apt, Free Standing, Mixed Use, Office
Parking Features: On Site
Building Name: None
Heating & Cooling
Cooling Type: Individual, Individual Meters
Utility Description: Gas, Light Electricity, Small Water Meter
Exterior Const.: Concrete Block, Wood Frame
Stories Description: Two
Square Feet: 5,416
Year Built: 1947
Property Condition: Above Average
Zoning: 05 - R-5 Residential District
Operating Expenses: $51,606
Tax Amount: $17,268
Tax Year: 2019
Terms: Cash, Exchange
Disclosures and Reports
Ownership: FS - Fee Simple
Special Conditions: None
Documents Avail.: Lease Documents, P&L, Permits, Tax Return, Title Search
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Listed by Geri Lambert(Lic#: RB-07569) Sold by Holden Lau(Lic#: RS-74517)
2144 Kauhana Street, Honolulu, HI 96816 (MLS# 201926041) is a
2144 Kauhana Street is currently listed for $2,250,000 and was received on September 16, 2019.
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