$1,295,000 (FS) - Honolulu
6 Bed, 3/1 Bath
Bedrooms:
Bathrooms:
3/1 
Type:
Single Family
Interior: (sq.ft.)
2422
Lanai: (Sq.ft.)
 
Land: (Sq.ft.)
4285
Year Built:
1922
Year Remodeled:
2016
MLS#:
201712958
Prop. Tax:
$271.57
Maint. Fee:
 
Assoc. Fee:
 
Status:
Active
Property Frontage:
Other
View:
None,Mountain,Other
$
1,295,000
Fee Simple
Address:
981 Prospect Street Honolulu, HI 96822
Description:
REMODELED in 2016, 4-UNIT, MULTI-FAMILY INVESTMENT PROPERTY IN TOWN! Highly desirable Makiki/Punchbowl area. 4 separate units: Street Level - 4 bed/1-1/2 bath; 2nd floor - 1 bed/1-bath + 1 den; lower level (units 2 & 3) consist of 2 efficiencies (2 kitchenettes, 1 shared bath that open to a large backyard). Live in one unit and lease the others, or lease all four. Home has a 1-car garage & 5 total parking. Currently Leased: Street Level: $3,100/mo; 2nd floor: $1950; Projected Monthly Lease: Lower Yard-Level 1: $950, Lower Yard-Level 2: $950 (these 2 are occupied by family members). TOTAL REVENUE $6,950 per month. Gross per annum: $83,400. NOI projected at $63,400 per annum, for a CAP rate of 4.89% and GRM of 15.

Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd.
Listings last updated on Sunday, November 19, 2017. Information herein deemed reliable, but not guaranteed.
Copyright © 2017 by HiCentral MLS, Ltd.
**Listing courtesy of Eovino & Associates, Inc..**