Hawaiian Monarch #3601

(Waikiki)

444 Niu St #3601, Honolulu
This property was sold May 10, 2019 for $277,500
  • Address: 444 Niu St, Honolulu, HI 96815.
  • Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
  • Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
  • Some  units have ocean views to add to their already attractive list of features!

About Hawaiian Monarch
The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii economy.

Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....click here to read more
Description

Close Fee Simple. Fee purchase available for purchase in escrow approx $148,310 (increases by $355 per month). This apartment is set up as 2 studio units, A&B with a common entry hall between them. Current rent as a two bedroom short term but can also be rented as 2 studios's long term. 01 units are the largest layout for this design in the building. Currently we rent sleeping 5 people (A unit x 3 in 2 beds & B with 1 bed. Fire Sprinkler system in building. A unit has a full upgraded kitchen and B upgraded kitchenette. Easy to see between tenants. HOA billing incls. electric billed as a separate line item +WIFI/Cable $44.34.Please use Evelyn Patoc First Hawaii. Submit local pre-approval with offer if funding with a loan please. Attached Addendum A for fee simple purchase in escrow.

Past Activity
  • May 10, 2019 Sold @ $277K
  • Mar 14, 2019 In Escrow
  • Oct 25, 2018 Listed @ $315K
More Details
  • HOA Fees / Interior Sf: $1.16
  • Price / Interior Sf: $547
  • HOA Fees Include: Cable TV, Electricity, Internet Service, Other Common Expenses, Sewer, Water
  • Sold Furnished: Fully
  • Year Remodeled: 2007
  • Owner, Tax & Resale History: Click here
  • MLS: 201824952
  • Occupancy Type: Hotel Rental Pool
  • View: City, Coastline, Marina/Canal, Ocean, Sunset
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • Owner Occupancy: 18%
  • Management Company: Hawaiiana
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Exercise Room, Heated Pool, Patio/Deck, Recreation Area, Resident Manager, Restaurant, Security Guard, Whirlpool
  • Inclusions: AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • TMK: 1-2-6-14-32-97
  • Tax Assessed Land: $149,800
  • Tax Assessed Improvements: $250,200
  • Tax Assessed Total: $400,000
  • Special Sales Terms: None
  •  
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 20, 2019. Information is deemed reliable but not guaranteed.
444 Niu St #3601 - listing courtesy eHAWAIIproperty.com.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 1 minute.
  • Address: 444 Niu St, Honolulu, HI 96815.
  • Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
  • Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
  • Some  units have ocean views to add to their already attractive list of features!

About Hawaiian Monarch
The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii economy.

Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....click here to read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 20, 2019. Information is deemed reliable but not guaranteed.
444 Niu St #3601 - listing courtesy eHAWAIIproperty.com.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 1 minute.
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.
Leasehold Expiry: 06/20/54
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
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.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
If an owner runs short-term vacation rentals the property is typically classified as Hotel and Resort and the tax is 1.29% of total assessed value. If an owner does not run short-term vacation rentals, but the property is currently classified as Hotel and Resort, it is possible to apply for a re-classification to Residential or Residential A, which may significantly lower the tax rate. Learn more about Oahu property taxes here.
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