404 Magellan Avenue

Honolulu, HI 96813
$2,300,000
PRIME INVESTMENT OPPORTUNITY - REALIZE IMMEDIATE INCOME UPSIDE OF 5.7-6% CAP RATE W/ ONLY A FEW MINOR CHANGES!! - In the heart of Honolulu this 9-unit property at 404 Magellan Ave offers a strong foundation with 9 separate electric meters, 9 separate gas meters, and individual gas water heatersRead MoreRead Less
Courtesy of Compass.
Listing Snapshot
Days Online
183
Last Updated
Property Type
Industrial
Year Built
1948
MLS Number
202521051
30 Days Snapshot Of 96813
$1.97M
+41%
(avg) sold price
3
-40%
homes sold
80
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building area total: 3,978, Construction materials: Block, Concrete, WoodFrame, Levels: ThreeOrMore, 3 stories, Built in 1948
Community
None
Cooling
OneUnit
Expenses
Operating expense: $22,313
Income
Net operating income: $102,967
Lot
Lot size area: 5,376
Parking
Assigned, OnStreet, 9 totals parking
Sewer
Connected
Taxes
Tax annual amount: $4,413
Tenant Pays
Electricity, Gas
Utilities
ElectricityAvailable, NaturalGasAvailable, SewerConnected
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Hilina'i Homes Inc.
A Real Estate Company Built on Trust
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