Description
Great investment opportunity in the heart of Wahiawa! Recently renovated 2021, this one-story Multi family home is grandfathered w/ 7 permitted units. Property consists of (5) 1-bedroom units & (2) studio units & 4 parking stalls. 1 water meter; all units separately metered for electric. No laundry-ability to add coin and increase income. New roof, upgraded electrical/plumbing, new kitchens w/ all stainless steel refrigerator & range & new bathrooms. Take advantage of this income producing property in world famous Wahiawa. Property is currently 100% tenant occupied, no vacancies! All tenants current on rent. Seller can offer seller financing PMM w/ 20% down at 3% annual interest rate amortized over 30 years, w/ a 5-10 year term. 5.7% CAP Rate. $8,700 monthly rent. Net rent is $104,400
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Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and cannot be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021 by the Honolulu Board of REALTORS. Updated: 23rd April, 2021 4:46 PM
