1240 Young Street

$2,900,000

COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.

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Interior

Laundry Room	In Unit

Exterior

Stories	2
Water Source	Public
Utilities	Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Lot Features	Cleared, Interior Lot, Level
Parking	Assigned
Sewer	Connected

Area & Lot

Status	For Sale
LIVING SPACE	5,088 Sq.Ft.
LOT SIZE	7,921 Sq.Ft.
MLS® ID	202505617
Type	Multi-Family
Year Built	1961
Neighborhood	Honolulu
View Description	None

Financial

SALES PRICE	$2,900,000
REAL ESTATE TAXES	$7,887/yr

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Work With Christina

Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.

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1240 Young Street