Hawaii House
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2934 Varsity Cir, Honolulu, 96 96826

Multi-Family · In Escrow - not showing · 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 market39
  • 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 Nearby
-
Neighborhood - Moiliili
  • Neighborhood average sales price*$672.75k
  • Neighborhood median sales price*$367.5k
  • Number or sales*76
Price history
Date Event Price $/sqft Source
2018-01-23 In Escrow - not showing $1,575,000 $701.87 MLS 201722076
2017-12-12 Back On Market $1,575,000 $701.87 MLS 201722076
2017-10-19 Temporarily Withdrawn $1,575,000 $701.87 MLS 201722076
2017-10-19 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 In Escrow - not showing $1,575,000 2934 Varsity Cir, Honolulu, 96, 96826 2244 sqft Remove from Saved Save House