1717 Hoolaulea Street, Oahu, HI 96782

$1,550,000
List Price
$1,550,000
Status
IN ESCROW SHOWING
Type
Multifamily
MLS#
202206189
Days on Market
84
Land Area
12,327
Year Built
1969
Year Remodeled
2019
Neighborhood
Pearl City Upper
Land Tenure
FS - Fee Simple

Property Description

High income ($6,600/mo) with nearly $400k in upgrades! Tremendous potential for improvement and rent growth or multi-generational owner occupancy. Front residence is 3 bedrooms 2 baths ($2,350/mo), back residence is 3 bedrooms 2 baths ($2,450/mo), and downstairs ADU is 2 bedrooms 1 bath ($1,800/mo) with separate entrance and a huge, covered deck to relax and enjoy the scenery. Bedrooms and baths may not agree with tax records. All photos taken prior to tenant occupancy. The large downslope lot is waiting for your creative use and, since there’s no neighbor close by on the back boundary, a tranquil feeling of openness and privacy is yours to enjoy. Great value: priced below the average sold price per square foot of interior living area and almost double the average land size in popular Momilani. Lots of street parking with curbs and sidewalks (not all areas of Momilani have these). Taxes based on 2021 assessed value. Capture this rare and unique opportunity to own a special property located in a desirable, high demand neighborhood.

Additional Information

Island
Oahu
Stories Type
Two
Utilities
Cable, Internet, Public Water, Underground Electricity
View
Mountain
Easements
Electric
Parking Total
3
Tenants Responsibilities Include
Cable TV, Electricity
Sqft Building
3932
Elementary School
Pearl City Hlnd
Middle School
Highlands
High School
Pearl City
Lot Size
12,327
Construction Materials
Double Wall
Mls Area Major
PearlCity
Neighborhood
Pearl City Upper
Year Built
1969
Year Remodeled
2019
Tax Amount
$284
Total Income
79200
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Asphalt Shingle, Other
Parking Features
Open, Tandem
Lot Features
Clear, Other, Rim Lot, Wooded
Amenities
None
Total Annual Operating Expenses
23868
Unit Three Bed Number Of
2
Assessed Total
1199100
Assessed Improvement
428200
Assessed Land
770900

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Locations LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.