1559 Magazine Street

Honolulu, HI 96822
$2,680,000
An exceptional investment opportunity to acquire a well-maintained 5-unit multifamily property in the desirable Punchbowl neighborhood of Honolulu. The property features a diverse unit mix consisting of one studio, one 1-bedroom/1-bathroom, one 2-bedroom/1-bathroom, one 3-bedroom/2bathroom, and one 4-bedroom/2-bathroom unit, along with five covered garage parking stalls. Designed for operational efficiency,… Read MoreRead Less
Courtesy of Excel Commercial Realty LLC.
Listing Snapshot
Days Online
71
Last Updated
Property Type
MultiFamily
Year Built
1950
MLS Number
202615380
Property Location Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1950, Built in 2016 (effective), Levels: ThreeOrMore, Construction Materials: DoubleWall
Cooling
CentralAir
Disclosures
Exchange1031
Expenses
Operating: $25,837
Income
Net Operating Income: $110,243
Lot
Cleared, Topography: Terraced
Parking
5 total parking spaces, Assigned, Covered
Property
Excellent
Sewer
Connected
Taxes
Parcel Number: 1-2-4-016-056-0000, Annual Amount: $5,628, Assessed Value: $1.6075e+06, Zoning description: 12 - A-2 Medium Density Apartme
Tenant Pays
CableTv, Electricity
Utilities
AboveGroundUtilities, CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable, SewerAvailable, WaterAvailable, SewerConnected
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