Solid INCOME PRODUCING Property! 5.8% CAP ON EXISTING INCOME!! Newly renovated duplex (TWO 3-bedroom 1.5 bath units, each renting at $3,250/month) together with 4 covered parking stalls. INCLUDES BONUS Separate STUDIO (rented at $1,350/month). Each tenant is MONTH TO MONTH perfect for the savvy investor who wants to live on one side; rent out the other 2! Includes 18 Solar PV panels with Net Energy Metering! Newer vinyl windows installed less than 10 yrs ago (along with a new roof). Neighboring property also listed for sale by the same owner on the MLS (2140 Aumakua 3 bedroom/2.5 bath 2,148sf home/5,287sf).
4 – 3 bedroom/1 bath units with parking. Each unit is individually metered for electric. Unique property with 18,690 square feet of land. 4 tandem parking stalls. Lots of room for expansion to existing dwellings. Each Tenant owns their washer and dryer. If there is an air conditioner in unit it is Tenant owned. Landlord/Seller owns each units range, refrigerator and water heater. Property and inventory to be sold in "AS IS" Condition. Easy to show.
NEW PRICE & UPDATED RENT ROLL! Located on a quiet Pearl City street, this asset would be the foundation of any savvy investors real estate portfolio. Under-market rents with value add opportunities, 6.37% proforma cap rate. Minutes to Home Depot, Wal-Mart, Sam's Club, Pearlridge Mall, Pearl Harbor, Fort Shafter, and more. A must see for a stable, long-term investment. Two year old roof.
Priced below the tax assessed value! This property is one of a kind and with only one owner. This is the first time it will be on the market. Unique and desirable because of the location, close to Leeward City College, freeway access, and public transportation. The plot of land is over a half acre in size. This multi-dwelling property has a single family dwelling with 2 bedrooms and an ADU with 1 bedroom, and a duplex with 2- 1 bedroom units surrounded by fruit trees on the property. Investment opportunity? Yes, absolutely! Seller is selling 'as is' with no improvements or seller credits to be given. Cesspool on property. City and County Records may not match square footage and rooms.
Pearl City is located in Hawaii. Pearl City, Hawaii has a population of 45,941. Pearl City is less family-centric than the surrounding county with 28.66% of the households containing married families with children. The county average for households married with children is 32.25%.
The median household income in Pearl City, Hawaii is $108,772. The median household income for the surrounding county is $92,600 compared to the national median of $69,021. The median age of people living in Pearl City is 43.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 65.6 degrees. The average rainfall is approximately 69.9 inches per year, with 0 inches of snow per year.
