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Cash cow! 6 separate apartments, all with their own entrance from the outside. No interconnecting doors. New roof installed Feb 2017. Tenants pay all their own utilities. Separate water meter for each unit. Building may not match tax records. Community coin operated washer and dryer. Fully occupied by long term tenants. Building is 2456 sq ft and lot is 3363 sq ft. Zoned A-2 medium density. NOI is $59,684 for 2016. Cap rate is 6% for 2016. $995,000 only $166,000 per unit. No parking , but bus stops nearby.
1311 Freeland Place Honolulu 96813 is listed Courtesy of Don Binning
This Multi-Family at 1311 Freeland Place Honolulu 96813 Located in PUNCHBOWL-LOWER MLS 201709061 has been listed on LocationsHawaii.com for 228 days and has been priced at $995,000
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