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1223 Wilder Avenue

  • Honolulu, HI
  • $2,800,000

ABOUT

An amazing opportunity to own a turn-key multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.

An amazing opportunity to own a turn-key multifamily property in the heart of the desirable Makiki neighborhood.  The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house.  All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the other 5 units' rental income.  The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return  metrics yielding a 4.6% cap rate at acquisition.  Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.  

An amazing opportunity to own a turn-key multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.
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3,147

3,147

Sq.Ft.

Living Space

5,723

5,723

Sq.Ft.

Lot Size

image

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1223 Wilder Avenue, Honolulu, HI 96822. We are reviewing your request and will be in touch shortly!
01

Exterior & Building

Parking

5 parking stalls

Air Conditioning

Yes
01

Lot & Area

Status

For Sale

Living Area

3,147 Sq.Ft.

Lot Size

5,723 Sq.Ft.

Type

Multi-Family

Neighborhood

Makiki

Elementary School

Abraham Lincoln Elementary

Middle School

Stevenson Middle School

High School

Punahou School

School District

Makiki
01

Finance

Sales Price

$2,800,000

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Makiki

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Kynan Pang, CCIM

EM

Kynan Pang, CCIM

Principal | Owner

RB23513

Kynan Pang specializes in the sale of multifamily investment properties and has extensive knowledge and expertise in the field.

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