An amazing opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1a) units, along with a 4bd / 2ba single family house. All units are separately metered for electricity. The large house allows an owner the ability to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.86% cap rate at acquisition. The property is occupied by excellent tenants. The property is well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, Makiki District Park, and Ala Moana Center.
Presented By: Excel Commercial Realty LLC;
Interior Features for 1223 Wilder Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
General for 1223 Wilder Avenue
AppliancesDryer, Washer
CityHonolulu
Community FeaturesNone
Construction MaterialsMasonry, SingleWall, Stucco, WoodFrame
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