1225 Rycroft Street

Honolulu, HI 96814

$2,300,000
Price
12
Beds
3,456 Sq. Ft.
$666 / Sq. Ft.
3,456
Sq. Ft.
$666
per Sq. Ft.

Description

A rare opportunity for investors! This is a two-story apartment with 6 units, each containing two bedrooms with one bathroom. Walking distance to Wal Mart, restaurants, bus lines etc. History with great rental occupancy. One unit has been re-modeled with other units having great potential. This property will cater renters looking for an apartment-style living in urban areas like Ala Moana. This property will be sold 'AS-IS' and Buyer(s) are to do their own due diligence.A rare opportunity for investors! This is a two-story apartment with 6 units, each containing two bedrooms with one bathroom. Walking distance to Wal Mart, restaurants, bus lines etc. History with great rental occupancy. One unit has been re-modeled with other units having great potential. This property will cater renters looking for an apartment-style living in urban areas like Ala Moana. This property will be sold 'AS-IS' and Buyer(s) are to do their own due diligence.
  1. Listed by Osamu Fukuda • License #RS-74526 • Sky Realty LLC • (808) 721-5611
  2. Listed by Goh Yanagida • License #RB-22968 • Sky Realty LLC • (808) 721-5611

Property Details for 1225 Rycroft Street

View
None
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
ALA MOANA
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Sky Realty LLC, Osamu Fukuda, License #RS-74526; Sky Realty LLC, Goh Yanagida, License #RB-22968
Add your commute
LISTING UPDATED: 03/31/2024 05:00 PM

Property Details for 1225 Rycroft Street

StatusActive
MLS #202406512
Days on Market38
Taxes$351 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1956
Lot Size0.09 AC / 3,917 SF
CountyHonolulu County

Location

Listing Courtesy of Sky Realty LLC, Osamu Fukuda, License #RS-74526; Sky Realty LLC, Goh Yanagida, License #RB-22968
Add your commute

Building Information for 1225 Rycroft Street

Stories-Residences6Year Built1956Building Size-Lot Size0.09 AC / 3,917 SF

Payment Calculator

$12,903 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1225 Rycroft Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Corner
Taxes and HOA Information
  • Tax Amount: $350.75
  • Tax Assessed Value: $1,202,600.00
  • Tax Assessed Value Improvements: $134,700.00
  • Tax Assessed Value Land: $1,067,900.00
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-3-014-043-0000
  • HOA YN: No
Parking
  • Parking Features: Open, Tandem
  • Parking Total: 2
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 3456.0
  • Sqft Total: 3456.0
  • Land Recorded: Land Court
  • Lot Features: Clear, Other
  • Lot Size Area: 3917.0
  • Year Built: 1956
  • Building Type: Apartments
Property and Assessments
  • Documents: P&L
  • Photo Count: 8
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt, See Remarks
  • Foreclosure: No
  • Set Backs: None
  • TMK Area: 123
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 43
  • TMKPLAT: 14
  • TMK Section: 3
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Overhead Electricity, Public Water
  • Sewer: Connected
  • Utilities Meters: Electric, Gas, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Hollow Tile, Masonry/Stucco, Slab
  • Easements: None
  • Elevators Number Of: 0
  • Recreation Facilities: None
  • Roof: Asphalt Shingle
Interior Features
  • Furnished: Partial
  • Laundry Facilities: None
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 0
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 6
  • Number Of Units Total: 6
Income & Expenses
  • Total Annual Operating Expenses: $8,913.00
  • Total Income: $96,600.00
  • Expenses Include: Insurance, Mgmt Fee, Repair Maintenance
  • Net Operating Income: $87,687.00
  • Other Income: $.00
Agent
Sale and Listing
  • Active Open House Count: 0
  • DOM: 9
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Open House Count: 1
  • Status: Active
  • Public Remarks: A rare opportunity for investors! This is a two-story apartment with 6 units, each containing two bedrooms with one bathroom. Walking distance to Wal Mart, restaurants, bus lines etc. History with great rental occupancy. One unit has been re-modeled with other units having great potential. This property will cater renters looking for an apartment-style living in urban areas like Ala Moana. This property will be sold 'AS-IS' and Buyer(s) are to do their own due diligence.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: One Day Notice Reqd
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: $8,050.00

Property History for 1225 Rycroft Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1225 Rycroft Street

Taxable ValueLand$1,067,900Additions$134,700Total$1,202,600
Tax Record2022$3,660 ($305 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories2Lot Size3,917 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningA-2CountyHONOLULUAPN1-2-3-014-043

Schools near 1225 Rycroft Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Queen Kaahumanu Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

President William Mckinley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1225 Rycroft Street is a multi-family home for sale in Honolulu, HI 96814. This property was listed for sale on March 17, 2024 by Sky Realty LLC, it's currently listed at $2,300,000. It has been on the market for a total of 38 days and was last sold on June 24, 2022. This listing's school district is Hawaii Department Of Education. Nearby schools include Queen Kaahumanu Elementary School, President George Washington Middle School and President William Mckinley High School. 1225 Rycroft Street is a 12-bed, 0-bath, 3,456 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sky Realty LLC, Osamu Fukuda, License #RS-74526; Sky Realty LLC, Goh Yanagida, License #RB-22968