Recently Viewed Properties
981 Prospect Street, Honolulu, HI 96822

$1,295,000

  • For Sale
  • Active
  • Multi-Family
  • Punchbowl Area
  • Fee Simple
  • Updated 3 days ago
981 Prospect Street, Honolulu, HI 96822 View this property at 981 Prospect Street, Honolulu, HI 96822
981 Prospect Street Honolulu HI 96822

Property Description

REMODELED in 2016, 4-UNIT, MULTI-FAMILY INVESTMENT PROPERTY IN TOWN! Highly desirable Makiki/Punchbowl area. 4 separate units: Street Level - 4 bed/1-1/2 bath; 2nd floor - 1 bed/1-bath + 1 den; lower yard level (units 2 & 3) consist of 2 efficiencies (2 kitchenettes, 1 shared bath that open to a large backyard). Live in one unit and lease the others, or lease all three. Home has a 1-car garage. Currently Leased: Street Level: $3,100/mo; 2nd floor: $1950; Projected Monthly Lease: Lower Yard-Level 1: $975, Lower Yard-Level 2: $975 (these 2 are occupied by family members). TOTAL REVENUE $6,950 per month. Gross per annum: $83,400. NOI projected at $63,400 per annum.

Full Property Details for 981 Prospect Street

  • Price: $1,295,000
  • Taxes: $272 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 201713238
  • Updated: 11/15/2017
  • Added: 158 day(s) ago

Property History

  • 981 Prospect Street, Honolulu, HI
  • Reduced to $1,295,000 on 9/29/17
  • Reduced to $1,475,000 on 7/11/17
  • Listed at $1,595,000 on 6/14/17

Interior

  • Furnishings: None

Additional Information

  • Amenities: Other

Parking

  • Parking Features: Covered, Open
  • Parking Type: Covered, Open
  • Other Parking Type: None

Location

  • Area: Metro
  • County: Oahu
  • Neighborhood: PUNCHBOWL AREA

Utilities

  • Sewer: Connected
  • Utility Description: Cable, Internet, Other, Public Water
  • Metering: Electric, Other, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Other, Wood Frame
  • Roof: Asphalt Shingle
  • Stories Description: Three
  • Square Feet: 2,422
  • Year Built: 1922
  • Remodeled/Updated: 2016
  • Property Condition: Average

Unit Information

  • 1 Bedroom Units: 1
  • 3 Bedroom Units: 1

Lot Features

  • Property View: Mountain
  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 4,285
  • Topography: Down Slope
  • Lot Features: Other
  • Zoning: 12 - A-2 Medium Density Apartme
  • Lot Description: Other

Financial Considerations

  • Expenses: Other
  • Operating Expenses: $20,000
  • Tax Amount: $272
  • Tax Year: 2016
  • Terms: Cash, Conventional, Exchange

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Flood Zone: Zone X
  • Disclosures/Reports: Call Listor
  • Property ID: 1-2-4-015-032-0000

Listed by Eovino & Associates, Inc. and Eovino & Associates, Inc.

Quickly Find Out More

We Value Your Privacy

Or call us at (866) 382-8888

Estimate the Cost

981 Prospect Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

981 Prospect Street, Honolulu, HI 96822 (MLS# 201713238) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 981 Prospect Street is currently listed for $1,295,000 and was received on June 14, 2017. Want to learn more about 981 Prospect Street? Do you have questions about finding other Multi-Family real estate for sale in Punchbowl Area? You can browse all Punchbowl Area real estate or contact a Coldwell Banker agent to request more information.

Listed by Eovino & Associates, Inc. and Eovino & Associates, Inc.