Prime 3 story solid hollow tile building seldom available for sale in great Town location near Nuuanu, Liliha and Kuakini. Large lot offers 18 parking spaces (some covered) for 13 two bedroom and 2 three bedroom apartment units, total 15 units. The cap rate is 4.85%. Hard to find all 2 and 3 bedroom unit apartment buildings and this is the one! Very good condition, some units renovated, all in move in condition. Stable tenant history with chance to raise rents to improve already impressive cash flow. Separate coin laundry with 3 washers and 3 dryers for added income. Centralized gas heating system for all tenants. Newly paved street with easy access off Liliha.
Listing courtesy of Five Star Realty, Inc..
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