Hawaii Living

1608 Cottage Walk (Nuuanu)

1608 Cottage Walk, Honolulu
Description
Seldom available 4 unit solid hollow tile apartment building in prime lower Nuuanu area off School St. 4.61% net cap rate. 2 units rented for $900, 1 unit rented for $950, and 1 rented for $1,000. Brand new roof and eaves, freshly painted and property in turn key condition, ready for your first time buyer wanting to invest in apartment buildings because you can get a residential 30 year loan. Live in one unit and rent the other 3. Cottage Walk is a lane open for foot traffic only but lots of parking on School St. Near Liliha and Chinatown/Downtown. Best cash flow deal in town under a million bucks. Grab it fast before it's gone! Do not disturb tenants.
Past Activity
  • Jan 28, 2019 Sold for $723,600
  • Dec 19, 2018 In Escrow
  • Oct 23, 2018 Price $750,000
  • Oct 10, 2018 Price $700,000
  • Aug 31, 2018 Price $799,000
  • Jun 25, 2018 Listed at $825,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $574
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 1968
  • Zoning: 11 - A-1 Low Density Apartment
  • Flood Zone: Zone X
  • Furnished: Partial
  • Property Condition: Average
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor
  • TMK: 1-2-2-1-99-0
  • Tax Assessed Land: $273,400
  • Tax Assessed Improvements: $61,600
  • Tax Assessed Total: $335,000
  • Courtesy: Five Star Realty, Inc.
  • MLS: 201816840
Good to Know
See our video of Nuuanu homes.

About Nuuanu
Nuuanu is a beautiful area located on the town (Honolulu) side of the Pali Highway. Its very conveniently location is just a short, straight shot into downtown Honolulu and an easy drive to the H-1 freeway and Windward Oahu. Despite the close proximity to the busy downtown area and though the Pali Highway runs through the middle of the neighborhood, Nuuanu is an incredibly quiet, peaceful place to live. Following the slope of the Koolau Mountains as they descend toward the ocean, the neighborhood feels worlds away from the hustle and bustle of do  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 18, 2024. Information is deemed reliable but not guaranteed.
Other Nuuanu Homes
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1734 Huna St
5 Bds | 2 Ba
1,784 ft²
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2809 Henry St
8 Bds | 4.5 Ba
2,756 ft²
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2119 Liliha St
7 Bds | 3 Ba
1,934 ft²
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2712 Pali Hwy
6 Bds | 6 Ba
7,445 ft²
Other Honolulu Homes
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717 Vineyard Blvd
4 Bds | 2 Ba
1,156 ft²
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940 Akepo Lane
4 Bds | 1 Ba
1,684 ft²
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1511 Kalaepaa Dr
3 Bds | 1.5 Ba
1,456 ft²
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1819 Waiola St
4 Bds | 4 Ba
1,344 ft²
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2401 Kula Kolea Dr
3 Bds | 1 Ba
930 ft²
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1113 Villa Lane
3 Bds | 1 Ba
824 ft²
  • Sold 1/24/19 at $723,600
    (List Price: $750,000)
Description
Seldom available 4 unit solid hollow tile apartment building in prime lower Nuuanu area off School St. 4.61% net cap rate. 2 units rented for $900, 1 unit rented for $950, and 1 rented for $1,000. Brand new roof and eaves, freshly painted and property in turn key condition, ready for your first time buyer wanting to invest in apartment buildings because you can get a residential 30 year loan. Live in one unit and rent the other 3. Cottage Walk is a lane open for foot traffic only but lots of parking on School St. Near Liliha and Chinatown/Downtown. Best cash flow deal in town under a million bucks. Grab it fast before it's gone! Do not disturb tenants.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 18, 2024. Information is deemed reliable but not guaranteed.
    • Jan 28, 2019 Sold for $723,600
    • Dec 19, 2018 In Escrow
    • Oct 23, 2018 Price $750,000
    • Oct 10, 2018 Price $700,000
    • Aug 31, 2018 Price $799,000
    • Jun 25, 2018 Listed at $825,000
    See our video of Nuuanu homes.

    About Nuuanu
    Nuuanu is a beautiful area located on the town (Honolulu) side of the Pali Highway. Its very conveniently location is just a short, straight shot into downtown Honolulu and an easy drive to the H-1 freeway and Windward Oahu. Despite the close proximity to the busy downtown area and though the Pali Highway runs through the middle of the neighborhood, Nuuanu is an incredibly quiet, peaceful place to live. Following the slope of the Koolau Mountains as they descend toward the ocean, the neighborhood feels worlds away from the hustle and bustle of do  .....
    Read more.
    Other Nuuanu Homes
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    1734 Huna St
    5 Bds | 2 Ba
    1,784 ft²
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    2809 Henry St
    8 Bds | 4.5 Ba
    2,756 ft²
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    2119 Liliha St
    7 Bds | 3 Ba
    1,934 ft²
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    2712 Pali Hwy
    6 Bds | 6 Ba
    7,445 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
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