331 & 333 Hobron Lane Honolulu, HI 96815
INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150, 000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12, 914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.
- Property TypeMulti-Family
- NeighborhoodWaikiki
- CountyOahu
- Taxes$1,109
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID Number202408267
- Home Size Source N/A
- Year Built1949
- Lot Size6500 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 18
- Property Sub Type Multi Family
- Utilities Cable AvailableNatural Gas AvailableWater Available
- Zoning X2 - Apartment Precinct
Interior Features
- Furnished? Partially
Exterior Features
- View Sunset
- Waterfront Features Other
- Lot Clear
Community Features
- Community Features A/ CSecured Lobby
- MLS Area Metro