Hawaii House
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2934 Varsity Cir, Honolulu, 96 96826

Multi-Family · Expired · 2244 sqft · $1,575,000

This is a niice clean small 2 story, 2 building, 7 unit apartment complex located virtually steps from the University of Hawaii Campus. High demand location. 4-2 bdrms, 1-1 bdrm, 2 studio units, parking to accommodate 7 stalls. Recently this building, all railings, windows, and walkways were painted, new security doors installed, new walkway lighting installed, and a brand new roof on both buildings. Many units have been occupied by the same tenants for many years with little turnover nor has the landlord raised rents in many many many years. Great opportunity for an investor and/or an owner who manages their own properties.
Details
  • Original list price$1,575,000
  • Days on market55
  • Building typeApartments,Multi Dwellings
  • Price per sqft$702/sqft
  • Address

    2934 Varsity Cir, Honolulu, 96, 96826

  • Year Built1954
  • NeighborhoodMoiliili
  • Land tenureFS - Fee Simple
  • Land SqFt5129 sqft
  • ViewNone
Unit Information
  • # of 1 Bd1
  • # of 2 Bd4
  • # of 3 Bd0
  • Total Units7
Amenities & Features
  • StoriesTwo
  • FurnishedNone
  • RoofAsphalt Shingle, Composition
  • ConstructionAbove Ground, Hollow Tile
  • UtilitiesCable, Overhead Electricity, Sewer Fee, Telephone, Water
  • Property ConditionAverage
  • ParkingCovered, Open
  • nr.of parking places7
  • AmenitiesNone
Income
  • Total Actual Rent$6,600
  • Total Annual Operating Expenses$35,285
  • Total Income$79,200
  • Net Operating Income$43,915
Schools
School ratingDistance
7
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
Elementary School
0.207mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
Middle School
0.219mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
High School
0.219mi
School ratingDistance
7
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.207mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.315mi
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.335mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.423mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.491mi
School ratingDistance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.219mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.423mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.491mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.611mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.621mi
School ratingDistance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.219mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.371mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.373mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.491mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.611mi
Data provided by Greatschools.org
Neighborhood - Moiliili
  • Neighborhood average sales price*$738.71k
  • Neighborhood median sales price*$396k
  • Number or sales*73
Price history
Date Event Price $/sqft Source
Apr 16, 2018 Expired $1,575,000 $701.87 MLS 201722076
Jan 24, 2018 In Escrow - not showing $1,575,000 $701.87 MLS 201722076
Jan 24, 2018 Under contract $1,575,000 $701.87 MLS 201722076
Jan 23, 2018 In Escrow - not showing $1,575,000 $701.87 MLS 201722076
Dec 12, 2017 Back On Market $1,575,000 $701.87 MLS 201722076
Oct 19, 2017 Temporarily Withdrawn $1,575,000 $701.87 MLS 201722076
Oct 19, 2017 New Listing $1,575,000 $701.87 MLS 201722076
Taxes
  • Current Property Taxes p/month$309
  • Property Tax Year2017
  • Assessed Improvement value$190,400
  • Assessed Land value$890,100
  • MLS #201722076
  • TMK1-2-8-025-028-0000
  • Land RecordedRegular System
  • Zoning11 - A-1 L
  • TopographyLevel
  • LocationInside
  • Lot DescriptionClear
  • Property SetbacksNone
  • Total Assessed value$1,080,500
Agent viewpoints   of 2934 Varsity Cir, Honolulu, 96, 96826
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Expired $1,575,000 2934 Varsity Cir, Honolulu, 96, 96826 2244 sqft Remove from Saved Save House