2827-B Waialae Avenue, Honolulu HI, 96826

Active

2827-B Waialae Avenue

Honolulu HI, 96826

$2,323,000

Active

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

November 1, 2024

Listed

December 5, 2024

Updated

Map

2827-B Waialae Avenue
Honolulu HI, 96826

Interior Features

Total Stories: 2
Interior Features: Handicap Access
Laundry Description: Coin-operated
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.13 Acres
Lot Features: Interior Lot, Other, Level
Sewer: Connected

Other Property Details

Area Name: Metro
Taxes: $5,689
Tax Frequency: Annually
Garage: No
Parking: Assigned
Parking Total: 6
View: Yes
View Description: Canal, Garden, Mountain(s)
County: Oahu
Water Source: Public
Pool: No

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 12/5/2024 5:29 PM 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.

Data last updated 5:29 PM UTC, 12/5/2024