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82 & 104 Kihapai Street

Kailua, HI 96734
  • $8,888,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 202324066
UPDATED: 31 min ago
$8,888,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Extremely desirable and rare KAILUA apartment property consisting of two buildings on two lots (TMKS 1-4-3-058-018 [6,555sf] AND 1-4-3-058-019 [6,481sf]) for a total of 13,036sf of land. 1:1 parking, hollow tile construction, coin operated owned laundry, all tenants separately metered for electric, each bldg has its own water bill and coin laundry area. Roof type is modified bitument, no silicone. Residential exemption for real property taxes in use by current owner, but B-2 zoning means you can change the use to Business if you want, so theres flexibility for future use! *AND B- and A- zoned properties can be redeveloped for Bill 7.

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© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
www.hawaiidreamhomes.com/homes/144663020
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82 & 104 Kihapai Street Kailua, HI 96734

  • Price: $8,888,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 31 min ago
  • MLS #: 202324066
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1970
Built
Neighborhood:
Coconut Grove
County:
Oahu
Area:
Kailua
Property Description
Extremely desirable and rare KAILUA apartment property consisting of two buildings on two lots (TMKS 1-4-3-058-018 [6,555sf] AND 1-4-3-058-019 [6,481sf]) for a total of 13,036sf of land. 1:1 parking, hollow tile construction, coin operated owned laundry, all tenants separately metered for electric, each bldg has its own water bill and coin laundry area. Roof type is modified bitument, no silicone. Residential exemption for real property taxes in use by current owner, but B-2 zoning means you can change the use to Business if you want, so theres flexibility for future use! *AND B- and A- zoned properties can be redeveloped for Bill 7.
Exterior Features

Construction Materials Concrete Block Floor Number 3 Loading None Parking AssignedOn Site Parking Total 24 Property Frontage Other Roof Other Stories Three

Interior Features

Cooling None Floors ConcreteOther Sq Ft Other 0 Sq Ft Total 7750

Property Features

Amenities None Annual Expenses 119865.00 Assessed Value Improvements 1352300.00 Assessed Value Land 3378200.00 Assessed Value Total 5090500.00 Building Name NA Business Type Condo/Apt Commercial Space No Disclosures Licensed Owner Documents Lease DocumentsP&LSurveyTitle Search Easements OtherUtility Expenses Source AccountantOwner Flood Zone Zone AH Foreclosure YN No Income Source AccountantOwner Land Recorded Land Court Land Tenure FS - Fee Simple Lease Type CashExchangeOther Listing Financing 1 Year Net Operating Income 423236.00 Other Income 7200.00 Property Condition Excellent Property Type 96734 Sewer Connected Special Sale Conditions None Tax Amount 1379.73 Tax Annual Amount 16556.76 Tax Paid By Seller No Tax Year 2023 Tenant Pays ElectricityOther Total Actual Rent 38066.00 Total Income 543192.00 Utilities Available Light ElectricityOtherSmall Water Meter Zoning 32 - B-2 Community Business Dis

Listings provided courtesy of Commercial Inv. Strategies: (808) 429-1098.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-04T01:58:56.943. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.


© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
 
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