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87-252E St Johns Road, Waianae, HI 96792

$1,499,000 Sale Pending

  • For Sale
  • In Escrow Showing
  • Multi-Family
  • Maili
  • Fee Simple
87-252E St Johns Road, Waianae, HI 96792View this property at 87-252E St Johns Road, Waianae, HI 96792
87-252E St Johns RoadWaianaeHI96792

Property Description

A great multi-unit investment property & great cash flow! Has actual 6.1% CAP rate w/current income & expenses!! 2.1 acres of R-5 zoned land is ideal for a client looking for long-term cash flow, with big upside potential to develop into saleable homes in the future. Large parcels like this, with appropriate residential and not agricultural/conservation zoning, are rare to come by in this area. 8 older, plantation-style homes nestled on the plains below the gorgeous Waianae mountain range & steps to family-friendly Ma'ili Beach and Ma'ili Community Park. Rarely a day without sunshine, this coastal-town property epitomizes easy, country-living.? Immediately adjacent to Ma'ili Elementary School and Leeward Community College. 8 units; 7
structures total.

Full Property Detailsfor 87-252E St Johns Road

General

  • Price: $1,499,000
  • Taxes: $227 (2017)
  • Status: In Escrow Showing
  • Type: Multi-Family
  • MLS ID: 201802340
  • Updated: 2/28/2018
  • Added: 62 day(s) ago

Property History

  • 87-252E St Johns Road, Waianae, HI
  • Listed at $1,499,000 on 2/21/18

Interior

  • Furnishings: None

Rooms

Other Rooms

  • Laundry: Individual

Additional Information

  • Amenities: None
  • Recreation: None

Parking

  • Parking Features: Open
  • Parking Type: Open
  • Other Parking Type: 10+ Spaces

Location

  • Area: Leeward
  • County: Oahu
  • Neighborhood: MAILI

Community

  • Mgmt. Company: KFG Properties, Inc.

Utilities

  • Sewer: Cesspool
  • Utility Description: Cable, Overhead Electricity, Telephone, Water
  • Metering: Electric, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Above Ground, Wood Frame
  • Roof: Aluminum/Steel, Asphalt Shingle, Other
  • Stories Description: One, Two
  • Square Feet: 8,112
  • Year Built: 1961
  • Property Condition: Fair

Unit Information

  • 2 Bedroom Units: 5
  • 3 Bedroom Units: 3

Lot Features

  • Property View: None, Mountain
  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 95,396
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 05 - R-5 Residential District
  • Lot Description: Clear

Financial Considerations

  • Expenses: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
  • Operating Expenses: $41,050
  • Tax Amount: $227
  • 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
  • Land Tenure: Fee Simple
  • Flood Zone: Zone X
  • Disclosures/Reports: Property Disclosure Stmt, See Remarks
  • Property ID: 1-8-7-004-044-0000

Listed by KFG Properties, Inc. and KFG Properties, Inc.

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Schools

Schoolsserving 87-252E St Johns Road

School District:Hawai'i Department Of Education
School Name
Grades
Distance
Ma Ili Elementary School
87-360 Kulaaupuni St, Waianae, HI 96792
PK-6
0.1 mi
Wai Anae Intermediate School
85-626 Farrington Hwy, Waianae, HI 96792
7-8
2.6 mi
Wai Anae High School
85-251 Farrington Hwy, Waianae, HI 96792
9-12
3.1 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 87-252E St Johns Road

Listed by KFG Properties, Inc. and KFG Properties, Inc.

87-252E St Johns Road, Waianae, HI 96792 (MLS# 201802340) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 87-252E St Johns Road is currently listed for $1,499,000 and was received on February 21, 2018. Want to learn more about 87-252E St Johns Road? Do you have questions about finding other Multi-Family real estate for sale in Maili? You can browse all Maili real estate or contact a Coldwell Banker agent to request more information.