Hawaii House
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1547 Miller St, Honolulu, HI 96813

Multi-Family · In Escrow - still showing · 5046 sqft · $2,900,000  $280,000

A newly renovated concrete apartment conveniently located in Lower Punchbowl with easy access to H-1. This multi-family complex features 7 spacious 2-bedroom units (CPR'ed and individually metered) with large lanais overlooking the city. Each unit has been remodeled with new flooring, kitchen cabinetry, major appliances, ceiling fans and much more. There are 10 assigned parking stalls on-site. Coin laundry and storage provides additional income. 1547 Miller is a turnkey investment property operating at full occupancy with no deferred maintenance. Although the building has been CPR'ed, the property will be sold as one in As-Is condition. Please submit a Commercial PSA. Seller requests using Title Guaranty (Downtown) for escrow.
Details
  • Original list price$3,180,000
  • Days on market74
  • Building typeApartments
  • Price per sqft$575/sqft
  • Address

    1547 Miller St, Honolulu, HI, 96813

  • Year Built1971
  • NeighborhoodPunchbowl-lower
  • Land tenureFS - Fee Simple
  • Land SqFt4936 sqft
  • ViewCity, Ocean
Unit Information
  • # of 1 Bd0
  • # of 2 Bd7
  • # of 3 Bd0
  • Total Units7
Amenities & Features
  • Stories4-7
  • FurnishedPartial
  • RoofOther
  • ConstructionAbove Ground, Concrete, Hollow Tile
  • UtilitiesCable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone
  • Property ConditionExcellent
  • ParkingAssigned
  • nr.of parking places10
  • AmenitiesFire Sprinkler, Secured Lobby, Storage
Income
  • Total Actual Rent$13,950
  • Total Annual Operating Expenses$42,610
  • Total Income$174,960
  • Net Operating Income$132,350
Schools Nearby
-
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$281.08k
  • Neighborhood median sales price*$295.75k
  • Number or sales*26
Price history
Date Event Price $/sqft Source
2017-09-20 Under contract $2,900,000 $574.71 MLS 201714802
2017-09-14 Price Decrease $2,900,000 -8.81% $574.71 MLS 201714802
2017-07-06 New Listing $3,180,000 $630.20 MLS 201714802
2016-09-08 Sold $1,880,000 $372.57 Public Record
2016-06-23 Under contract $2,240,000 $443.92 MLS 201604488
2016-03-02 New Listing $2,240,000 $443.92 MLS 201604488
Taxes
  • Current Property Taxes p/month$754
  • Property Tax Year2017
  • Assessed Improvement value$1,843,300
  • Assessed Land value$742,600
  • MLS #201714802
  • TMK1-2-1-038-012-0000
  • Land RecordedLand Court
  • Zoning12 - A-2 M
  • TopographyGentle Slope
  • LocationCorner
  • Lot DescriptionClear
  • Property SetbacksC&C
  • Total Assessed value$2,585,900
Agent viewpoints   of 1547 Miller St, Honolulu, HI, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family In Escrow - still showing $2,900,000  $280,000 1547 Miller St, Honolulu, HI, 96813 5046 sqft Remove from Saved Save House