Waterfront
Address
2908 Varsity Circle, Unit 5 Honolulu, HI
Price
$ 2,200,000
Property Attributes
  • MLS#202127221
  • TypePending
  • CountyOAHU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodMOILIILI
  • Zip96826
  • StyleApartments
  • Year Built1955
  • Taxes$ 579
  • Price$ 2,200,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4068
  • Lot Size5,001 SqFt
Listing Provided Courtesy Of:
Ivy K Realty, LLC
Data Source:
HiCentral MLS (HICMLS)
Property Description

Great location close to UH Manoa, Puck's Alley, and easy access west or east bound. This property has true pride of ownership and is very well maintained. Majority of the units have been refurbished and only a few units left to add your own personal touch. The one bedroom units are very spacious for one bedroom standards. The 8th unit was converted to a 2 bedroom unit so the 7th was decreased to a studio. The exterior has been recently painted and every unit could have a washer/dryer hook up or install your own coin operated laundry machines. The rent roll is lower than market because half of the building is occupied by family and friends. 6 out of the 8 leases are on a month to month term. There are 7 open parking stalls available. There used to be 8 but owner wanted to have slightly wider stalls. This is one of the cleanest and well kept buildings in the neighborhood and will be a perfect cash flow for a 1031 exchange. Please make an offer subject to inspection as we do not want to disrupt the tenants especially during the pandemic.

Price History
11/3/2021 Listed $2,200,000

General Features

Amenities None
Easements None
Land Tenure FS - Fee Simple
Parking Total 7
Property Condition Above Average
Roof Asphalt Shingle
Sewer Connected
Status In Escrow Not Showing
TMK Area 128
TMK Division 1
TMK Parcel 15
TMK Plat 25
TMK Section 8
TMK Zone 2
Terms Offered Cash, Conventional
Topography Level
Utilities Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
View City, Mountain
Year Remodeled 1990

Interior Features

Furnished Y/N Partial
Stories Type Two
Total Units 8

Exterior Features

Lot Description Clear
Lot Size Area 5001.00
Parking Features Assigned, Open
Property Frontage Stream/Canal

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 96826

Price
AVG $730K
$2.2M
Taxes
AVG $209
$579
Visits
AVG 48
27
Year Built
AVG 1970
1955
Walkscore
AVG 91
88
Data Provided by Walkscore ® not using MLS data

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