For Sale

Listed by Brian Chua from Five Star Realty, Inc.

Source: HiCentral MLS (Honolulu Board of REALTORS®) #202616575

2550 Date St, Urban Honolulu, HI, 96826

$2,638,000

12
3200 sq. ft.
8211 sq. ft.

MultiFam

1 day on the market

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About this property

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.

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