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James E. Lewis

James E. Lewis (R)
CIPS CRS SRES GRI
RB-14807
Global Luxury Property Specialist
Coldwell Banker Pacific Properties
Honolulu, HI 96816

808-225-0569
j.lewis@realtor.com

Contact Me

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Listing 9 out of 1,546
$4,250,000 For Sale

1651 Frog Lane
Honolulu, HI 96817

15 units | Multi Family Home
10250 sq ft - MLS# 201830716
Property Photo
1/16

Description

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.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Honolulu County
  • Zip Code: 96817
  • Year Built: 1969
  • Sq.Ft.: 10,274 sq ft
  • Stories: Three
  • Units: 15 units
  • # of Parking Spaces: 18
  • Lot Size: 10250 sq ft
  • Area: Kuakini
  • Construction Materials: Hollow Tile
  • Furnished: Partial
  • Land Tenure: FS - Fee Simple
  • Lot Features: Clear
  • Lot Sqft: 10248.00
  • Major Area: Metro Oahu
  • Parking Features: Assigned, Covered, Open
  • Property Condition: Above Average, Average
  • SQFT Building: 10274
  • Sewer: Connected
  • Topography: Level
  • Utilities: Cable, Internet, Overhead Electricity, Telephone, Water
Courtesy of Five Star Realty, Inc.


OWNED AND OPERATED BY NRT INCORPORATED
James E. Lewis (R) | 808-225-0569 | Contact Me
4211 Waialae Ave Ste 9000 - Honolulu, HI 96816
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