1430 Wilder Avenue, Honolulu, HI 96822

$5,300,000

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List Price
$5,300,000
Status
ACTIVE
Days on Market
54
Price Change
▼ $100,000 1782864791
MLS#
202611843
Subtype
Commercial Sale
Year Built
1964
Lot Size
7,590
Subdivision
Makiki Area
Neighborhood
Makiki
MLS Area Major
Metro
Land Tenure
FS - Fee Simple

Property Description

Exceptional opportunity to acquire a well-maintained 11-unit concrete apartment building in the highly desirable Makiki neighborhood, directly across from Makiki District Park. This investment property features eleven renovated 1-bedroom, 1-bath units with dens, averaging approximately 644 sq. ft. each. Every unit includes a private lanai and one assigned parking stall, with abundant natural light, cool trade winds, and pleasant views. Residents enjoy the convenience of an on-site coin-operated laundry. Ideally located just minutes from H-1 Freeway access, Punahou School, Maryknoll School, Kapiolani Medical Center, Shriners Children's Hawai?i, shopping, dining, and public transportation. Ownership has invested over $500,000 in recent capital improvements, reflecting pride of ownership and reducing near-term capital expenditure needs. Current rents are below market, providing an attractive value-add opportunity with future income growth potential. Fee Simple. Property to be sold in AS IS condition. Please do not disturb tenants.

Additional Information

Taxes
$8,844
Flooring
Wood
Air Conditioning
Other
Stories
3
Levels
Three Or More
Parking Features
Assigned

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Susan N Moore (susanmoore@hichoicerealty.com) from Listing Office: HI Choice Realty.

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Contact: (808) 545-4989