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2550 Date St

Urban Honolulu HI 96826

12
3200 sq. ft.
8211 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

Features

12 carspaces
3200 sq. ft. floor area
8211 sq. ft. lot size
Multi-Family

Property history for 2550 Date St

2009
Sold
$378,665
28 Dec 2009
2006
Sold
$1,575,000
28 Apr 2006 by Sandra Ching, of Hawaii Resource Realty
2005
Sold
$1,498,844
25 May 2005

Happy sellers in Urban Honolulu

94%
94% of sellers in Urban Honolulu reported that their sale price either exceeded or met their price expectations.

Urban Honolulu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Urban Honolulu over the last 12 months.

Local market activity for multi families in Urban Honolulu

In the last 12 months, 14 multi families similar to 2550 Date St, have been sold.

This represents a 7% decrease in multi families sales when compared to the previous 12 months.

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