$1,495,000
1812 Algaroba Street
Details
APN 1-2-3-028-024-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,340
Net Rentable (SqFt) 2,340
Units 1
Tenancy Multi
Class C
Year Built 1953
Buildings 2
Stories 2
Acreage 0.072
Zoning 33 - BMX-3 Community Business M
Parking Spaces spaces
Investment Type Stabilized
Ownership FS - Fee Simple
Great Multi-family investment opportunity in McCully/Moili'ili close to UH Manoa and Waikiki
Marketing description
Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today's tenants. A majority of units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential!
Investment highlights
Improved, 7-unit multi-family residential investment property located 1 block from King St.
- Strong income potential to achieve $10,600/mo in gross scheduled rents.
- Low maintenance with recent improvements to the rental units and roofs.
- Multiple floor plans to suit students, couples, or working individuals.
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