Active
    • $649,000

    87-118 Alapaki St, Waianae, HI 96792

    4beds
    1,245sqft
    : 
    Single Family Residence
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $521/sqft
    $-- HOA

    What's special

    Huge lanaiSeparate fully-fenced yardsNewer roofNewly painted exteriorsDouble-wall constructionMango and citrus treesDetached homes
    LEGAL non-conforming Two-Homes-One-One-Lot property a stone's throw from beautiful, white-sand Tumblelands beach! Live in one and rent the other to help pay the mortgage. Both detached homes have newly painted exteriors and are located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Front home 916 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge lanai. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.
    127 days
    on Zillow
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