MLS® 202417698 (Hawaii Real Estate) is located at 1362 St Louis Dr Honolulu HI 96816 in ST. LOUIS . The current listing status is In Escrow Showing. This 4 bed and 4 bath Home was built in 1952 and features 1210 finished sq.ft with a lot size of 0.14 acres. This property is currently listed for an *asking* price of $999,888 (FS - Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.
Seize this remarkable opportunity along Saint Louis Drive, where a versatile property awaits your vision. This home is thoughtfully divided into four separate living areas, offering incredible potential for income generation. The first floor features a spacious 2-bedroom, 1-bath unit with breathtaking views from the lanai. Adjacent to this unit is a cozy studio complete with a wet bar and full bath, perfect for a guest or additional rental income. As you descend the stairs, you'll discover two separate 1-bedroom, 1-bath units, each offering privacy and comfort. While tax records do not reflect the current layout, all four units have previously been rented, generating solid monthly income:2-bedroom unit at $1,600, studio at $850, first 1-bedroom at $1,425, and the second 1-bedroom at $1,325. With creativity and some modern renovations, you can transform this property into an outstanding income-producing asset. This property is being sold in As-Is condition, with no repairs or credits offered by the sellers. The carport is currently unusable; please contact the agent for alternative parking arrangements. The seller may participate in a 1031 exchange at no cost to the Buyer.
Overhead Electricity, Public Water
Above Ground, Double Wall, Single Wall, Wood Frame
Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. active listings last updated on August 31st, 2024 at 3:15pm HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®.
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Listing information last updated on August 31st, 2024 at 3:15pm HST.