1126 3Rd Avenue Honolulu, Oahu 96816

Rare offering of 15,000 sq.ft. fee simple parcel improved with three dwellings and potential to build one more! Good income flow already from 14 rentals and tenants are all very long term. Largest building was built in 1931 and is a registered boarding house. 3 rooms have complete bathrooms inside, one has a half bath and three share the two common toilet rooms/one shower stall room. There is a large shared kitchen but some tenants have created small kitchens for light cooking in their rooms. All rooms have refrigerators and sinks. Under this building there are two self-contained apartmentments (studio and one bedroom). The two additional buildings were built in 1941. These contain 1 studio, 2 one bedroom apartments, 1 two bedroom apartment, and 1 three bedroom apartment. There is a shared coin-operated laundry room (2 washers/2 dryers/laundry sink). One tenant has private washer. Location near schools and shopping is in high demand for tenants. Vacancy during this agent's 18 years experience of managing this property has been nearly ZERO! The back parking lot has space to build a 4th structure by eliminating the garage + 2 parking stalls. You're still left with 14 stalls!

1126 3Rd Avenue Honolulu 96816 is listed Courtesy of Sue Young (808) 946-1145