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$2,250,000
93 Days On Site
1420 Ward AvenueHonolulu, HI 96822
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
4,386
SqFt
$513
/SqFt
1957
Built
Subdivision:
PUNCHBOWL-LOWER
County:
Oahu
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PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development. Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
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Listing Snapshot
Price
$2,250,000
Days On Site
93 Days
Bedrooms
N/A
Inside Area (SqFt)
4,386 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
5,515 Acres
Year Built
1957
MLS® Number
202421951
Status
Active
Property Tax
$4,944
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Price changed to $2,250,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
General Features
Disclosures
Call Agent
Number Of Stories
2
Parking Spaces
5
Property Sub Type
Multi Family
SqFt Total
4386
Stories
TwoThree Or More
Utilities
Electricity AvailableSewer AvailableWater AvailableSewer Connected
Zoning
12 - A-2 Medium Density Apartme
Interior Features
Appliances
Washer
Laundry Features
Other
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Exterior Features
Construction Details
Concrete
Lot Features
SlopedOther
Roof
AsphaltOtherShingle
Community Features
Community Features
None
MLS Area
Metro
Schools
School District
Unknown
Elementary School
Royal
Middle School
Stevenson
High School
Roosevelt
Listing courtesy of Standard Management LLC 8082088107
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2017-present by HiCentral MLS, Ltd.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2017-present by HiCentral MLS, Ltd.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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