Active
2827-B Waialae Avenue
Honolulu HI, 96826
$2,323,000
Active
17 Beds
Multi-family
Built in 1939
Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.
202424671
MLSⓇ ID
October 29, 2024
Listed
November 22, 2024
Updated
Map
2827-B Waialae Avenue
Honolulu HI, 96826
Interior Features
Total Stories
2
Bedrooms
17
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Level
Roof
Composition
Other Property Details
Area Name
Metro
Taxes
$5,689
Tax Frequency
Annually
Garage
No
Parking Total
6
View
Yes
View Description
Mountain(s)
County
Oahu
Water Source
Public
Pool
No
Zoning
12 - A-2 Medium Density Apartme
Courtesy of eXp Realty, Loren BA Graham
Listing Contact: (808) 725-2794
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 11/22/2024 4:46 AM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.
©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 4:46 AM UTC, 11/22/2024
