703 Kihapai Place, Kailua, HI 96734

$3,200,000
List Price
$3,200,000
Status
ACTIVE
Type
Multifamily
MLS#
202027374
Days on Market
96
Land Area
12,000
Year Built
1956
Neighborhood
Coconut Grove
Land Tenure
FS - Fee Simple

Property Description

Attention Bill 7 Developers! Two side by side A2 zoned lots totaling 12sq/ft. Each lot has two duplexes giving you financing flexibility. 8 units total. Each unit is a 2bed/1bath. Average current rent is $1850/month. This location has beautiful mountain views and just blocks to Kailua town. 8 electric meters. One water meter per lot. TMK 1/4/3/058/040/0000 and TMK 1/4/3/058/041/0000 to be sold together. Income and expenses are approximate

Additional Information

Island
Oahu
Stories Type
One
Utilities
Cable, Internet, Overhead Electricity, Public Water
View
Marina/Canal, Mountain
Easements
None
Parking Total
8
Tenants Responsibilities Include
Electricity
Lot Size
12,000
Construction Materials
Above Ground, Single Wall, Wood Frame
Mls Area Major
Kailua
Neighborhood
Coconut Grove
Frontage
Stream/Canal
Year Built
1956
Tax Amount
$683
Total Income
177600
Sewer
Connected
Unit Two Bed Number Of
8
Roof
Composition
Recreation Facilities
None
Parking Features
Assigned
Lot Features
Other
Amenities
None
Total Annual Operating Expenses
43756
Assessed Total
2341600
Assessed Improvement
181600
Assessed Land
2160000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Pacific Properties.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.