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USAHIHonoluluPunchbowl-Lower1420 Ward Ave
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$2,250,000

1420 Ward Ave, Honolulu, HI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $4,944
Days Active 214
Lot Size 
Approx. Age 1957
MLS® Number 202421951

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. In the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development. Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.Show Description
MLS® Number202421951
Laundry LevelOther
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1957
Basement
DrivewayAssigned, Covered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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