1641 Stillman Lane , Honolulu HI 96817 US

Cash cow in super convenient area. Where else will you find a 5.81% cap rate so close to downtown? Located between the Pali Highway and Liliha Street, walkable from downtown Honolulu. TWO buildings, upgraded interiors, 2005 renovation (new laminate floors, paint, appliances, 4 new kitchens, copper ...

x
Showing 1 of 0
X

Get more info about this property

Active

1641 Stillman Lane
Honolulu HI 96817 US

4,060 sqft

#201709077

Courtesy of: Christina L Dwight, Commercial Inv. Strategies

$1,850,000

1641 Stillman Lane Cash cow in super convenient area. Where else will you find a 5.81% cap rate so close to downtown? Located between the Pali Highway and Liliha Street, walkable from downtown Honolulu. TWO buildings, upgraded interiors, 2005 renovation (new laminate floors, paint, appliances, 4 new kitchens, copper supply lines & copper drain lines in many areas). Back building (hollow tile and wood) four units: 3 twos and 1 one w/sep. meters, so tenants pay their own electric. Front building (hollow tile) three units: 2 threes and 1 two w/ one electrical meter (elect paid by owner). Recorded encroachment agreement. One water meter, owner pays. Steep incline to the property. Brand new sump pump + grinder system so sewage reaches street level. Stream=Flood ins is transferable, costs $2869.

  • Facts
  • Built in: 1956
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Tile, Wood
  • Parking Type: Assigned
  • Roof Type: Composition Shingle
  • Neighborhood
  • KUAKINI
Listing Changed: 1/26/2018 1:27:08 AM GMT
MLS Updated: 2/22/2018 6:05:02 AM GMT

Courtesy of: Christina L Dwight, Commercial Inv. Strategies

Listing Source - ListHub

Copyright © 2018 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.