209 Kaiulani Ave, Honolulu, 96815

NEWMulti-Family - Multi-Family For Sale in WAIKIKI

$5,100,000

Beds
Baths
7,511Sqft
.12Acres
1946Built
MLS® #: 201922929
In Escrow – Showing

IN ESCROW BEFORE LISTED. Irreplaceable TROPHY LOCATION at the corner of Kaiulani and Kuhio Avenues in the heart of Hawaii’s #1 tourist destination, Waikiki. Below-market rents provide tremendous upside potential for a buyer! 7 on-site parking stalls (2 may not be to code) with ample additional street parking in the area. Extremely supply-constrained submarket with virtually no land available for development. Located in a strong rental market within Honolulu which has experienced 27% growth in rents over the past 5 years Sturdy brick construction. Possible conversion to condominium or student housing. Potential repositioning opportunity as a hospitality use through rezoning or conditional use permit. Some information is subject to confirmation from Seller.

Price & Status History

Date Details
Status Changed from In Escrow – Not Showing to In Escrow – Showing
Status Changed from Active to In Escrow – Not Showing

Essential Information

MLS® #: 201922929
Price: $5,100,000
Bathrooms: 0.00
Total Sq Ft: 7,511
Acres: 0.12
Year Built: 1946
Type: Multi-Family
Sub-Type: Multi-Family
Status: In Escrow – Showing
Land Tenure: Fee Simple
Lease Until Year: 30-11--0001
Lease Renegotiation Date: 11-30--0001
Monthly Taxes: $705

Community Information

Address: 209 Kaiulani Ave
Area: Metro
Subdivision: WAIKIKI
City: Honolulu
State: HI
Zip Code: 96815

Amenities

Amenities: None
Utilities: Internet, Other, Water
Features: Apartments
Parking Spaces: 7
Parking: Covered
View: None

Interior

Stories: Three

Exterior

Lot Description: Other
Roof: Asphalt Shingle
Construction: Brick

Additional Information

Listing Office: Standard Management LLC
Date Listed: August 12th, 2019
Zoning: X2 - Apartment Precinct

Listing Details

Listing Office: Standard Management LLC

Financials

$/SqFt: $679

Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. active listings last updated on October 15th, 2019 at 4:40am HST. Information is deemed reliable but not guaranteed. Copyright: 2019 by the Honolulu Board of REALTORS®.

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