| MLS: 202428319 (Active - For Sale) Asking Price: $3,180,000 FS - Fee Simple Type: Multi-Family District: Metro Address: 1125 Hassinger Street, Honolulu, HI Neighborhood: Makiki Area Land Area: 5,079 SF Parking: Assigned Amenities: Storage Days on Market: 86 (The Price of the property was lowered by $200,000 on 03/07/2025) Year Built: 1928 Zoning: 12 - A-2 Medium Density Apartme Land Recorded: Regular System Property Taxes: $408 Assessed Value: $1,401,300 Assessed Ratio: 226.93% Listing Courtesy: Excel Commercial Realty LLC | Google Map County Records Add to Watch List Print Version Request Info All Multi-Family Homes For Sale in Makiki Area |
A prime multifamily investment opportunity in the strongest rental neighborhoods, Makiki, Honolulu. The 13-unit building consisting of 12 (studios) & 1 (1bd/1ba) unit has a current gross income of $223K/year. The owner has completed improvements such as new windows, flooring, exterior and interior paint, and entry doors. Tenants have access to a common laundry area. There are 5 parking stalls on-site. Utilities are the owner's responsibility as there is only one house meter, for electricity, water, and gas. Within proximity to Safeway Beretania, post office, bust routes, and freeway access.
5 Sold Properties Found (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 0 Bed 0 Bath | 02/14/2024 | 05/24/2024 | $1,450,000 | $1,300,000 |
| 0 Bed 0 Bath | 02/12/2024 | 05/31/2024 | $1,905,000 | $1,878,000 |
| 0 Bed 0 Bath | 03/22/2024 | 04/30/2024 | $2,100,000 | $2,155,000 |
| 0 Bed 0 Bath | 07/23/2024 | 10/21/2024 | $2,500,000 | $2,300,000 |
| 0 Bed 0 Bath | 05/04/2023 | 10/09/2024 | $12,000,000 | $11,000,000 |
| Average Price: | $3,726,600 | |||
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