2106 Fern Street

Honolulu, HI 96826

$3,299,000
Price
18
Beds
5,100 Sq. Ft.
$647 / Sq. Ft.
5,100
Sq. Ft.
$647
per Sq. Ft.

Description

Rare investment opportunity --- excellent condition, well maintained multi-unit building in desirable Moiliili location. Concrete building has been fully renovated with nine - 2 bedroom units and 9 parking stalls (one tandem). 100% occupied with long term tenants. Great curb appeal and steady income. Each unit comes with a lanai, washer/dryer hook-up, and separate electric meter. Conveniently located just minutes from shopping, dining, and other essential services.Rare investment opportunity --- excellent condition, well maintained multi-unit building in desirable Moiliili location. Concrete building has been fully renovated with nine - 2 bedroom units and 9 parking stalls (one tandem). 100% occupied with long term tenants. Great curb appeal and steady income. Each unit comes with a lanai, washer/dryer hook-up, and separate electric meter. Conveniently located just minutes from shopping, dining, and other essential services.
  1. Listed by Esther Park Kusunoki • License #RB-21002 • List Sotheby's Int'l Realty • (808) 735-2411

Property Details for 2106 Fern Street

View
Garden
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
MOILIILI
Flood Zone
Zone AO
Stories/Levels
Three
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of List Sotheby's Int'l Realty, Esther Park Kusunoki, License #RB-21002
Add your commute
LISTING UPDATED: 02/26/2024 04:53 PM

Property Details for 2106 Fern Street

StatusActive
MLS #202404015
Days on Market75
Taxes$584 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1965
Lot Size0.11 AC / 4,914 SF
CountyHonolulu County

Location

Listing Courtesy of List Sotheby's Int'l Realty, Esther Park Kusunoki, License #RB-21002
Add your commute

Building Information for 2106 Fern Street

Stories-Residences9Year Built1965Building Size-Lot Size0.11 AC / 4,914 SF

Payment Calculator

$18,588 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,004

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2106 Fern Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Tax Amount: $584.44
  • Tax Assessed Value: $2,053,100.00
  • Tax Assessed Value Improvements: $736,100.00
  • Tax Assessed Value Land: $1,317,000.00
  • Tax Paid By Seller: No
  • Tax Year: 2024
  • Parcel Number: 1-2-7-002-002-0000
  • HOA YN: No
Parking
  • Parking Features: Assigned
  • Parking Total: 9
  • Other Parking Features: None
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 5100.0
  • Sqft Total: 5100.0
  • Land Recorded: Land Court
  • Lot Features: Clear
  • Lot Size Area: 4914.0
  • Year Built: 1965
  • Year Remodeled: 1995
  • Building Type: Apartments
Property and Assessments
  • Documents: Lease Documents, P&L, Survey, Title Search
  • Photo Count: 24
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt, Relative of Licensee
  • Foreclosure: No
  • Set Backs: None
  • Supplement Count: 1
  • TMK Area: 127
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 2
  • TMKPLAT: 2
  • TMK Section: 7
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Internet, Public Water, Telephone, Water
  • Sewer: Connected
  • Utilities Meters: Electric, Individual
Interior and Exterior Features
Exterior Features
  • Amenities: Secured Lobby, Storage
  • Construction Materials: Concrete
  • Easements: None
  • Recreation Facilities: None
  • Roof: Pitch & Gravel
Interior Features
  • Laundry Facilities: Coin
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 0
  • Unit Two Number Of Bed: 9
  • Number Of Units Total: 9
Income & Expenses
  • Total Annual Operating Expenses: $45,900.00
  • Total Income: $183,600.00
  • Expenses Include: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance, Sewer Fee
  • Net Operating Income: $137,700.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 4
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: Rare investment opportunity --- excellent condition, well maintained multi-unit building in desirable Moiliili location. Concrete building has been fully renovated with nine - 2 bedroom units and 9 parking stalls (one tandem). 100% occupied with long term tenants. Great curb appeal and steady income. Each unit comes with a lanai, washer/dryer hook-up, and separate electric meter. Conveniently located just minutes from shopping, dining, and other essential services.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Use ShowingTime
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity
  • Total Actual Rent: $15,300.00

Property History for 2106 Fern 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 2106 Fern Street

Taxable ValueLand$1,277,600Additions$726,200Total$2,003,800
Tax Record2022$6,536 ($545 / month)
Home Facts
Total Finished SqFt5,100 SqFtAbove Grade Finished SqFt5,100 SqFtStories3Lot Size4,914 SqFtStyleMulti-Family Res (5+ Units)Year Built1965Year Renovated1995ZoningA-2CountyHONOLULUAPN1-2-7-002-002

Schools near 2106 Fern 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 8
Rating
School
Distance
Ala Wai Elementary School
PublicPK to 5

President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

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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2106 Fern Street is a multi-family home for sale in Honolulu, HI 96826. This property was listed for sale on February 22, 2024 by List Sotheby's Int'l Realty, it's currently listed at $3,299,000. It has been on the market for a total of 75 days and was last sold on September 28, 2021. This listing's school district is Hawaii Department Of Education. Nearby schools include Ala Wai Elementary School, President George Washington Middle School and Kaimuki High School. 2106 Fern Street is a 18-bed, 0-bath, 5,100 sqft multi-family home built in 1965.

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 List Sotheby's Int'l Realty, Esther Park Kusunoki, License #RB-21002