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Listed by Locations LLC, Melody L Rutherford.

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87-118 StreetWaianae, HI 96792

Active
$699,000
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0 Square Feet

LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED sturdy homes located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses. Front home 696 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge porch. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. *Monthly Property tax based on 2024 assessment.


FACTS & FEATURES

  • Property Type:
    Residential
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  • Year Built:
    1942
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  • Area:
    Leeward
  • Views:
    Mountains
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Listing Office: Locations LLC. Listing Agent: Melody L Rutherford. Listing ID: 202507831

Last Updated March 31, 2025 2:00 AM
Data last checked against HiCentral on April 1, 2025 10:40 AM

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on April 1, 2025 10:40 AM. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

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