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1624 Fern St (Ala Moana)

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1624 Fern St, Honolulu
Description
Numerous opportunities for this property. May qualify for FHA loan in which you can occupy one unit and use the rental income to offset your mortgage payment and expenses. VA loan may be possible but must check with VA appraiser because property square footage may not match existing tax records. A-2 Zoning so redevelopment into apartment building is a possibility. Collect rental income while you draft plans for new apartment complex and permitting. Rents could potentially be raised as well as some of the units are under market rents. Great location and excellent opportunity!
Past Activity
  • Mar 12, 2021 Off Market
  • Feb 22, 2021 Price $829,000
  • Jan 11, 2021 Listed at $849,000
  • Dec 07, 2020 Off Market
  • Oct 05, 2020 Price $849,888
  • Sep 14, 2020 Listed at $888,000
  • Feb 19, 2016 Sold for $733,000
  • Jan 25, 2016 Under Contract
  • Dec 03, 2015 Back to Active
  • Nov 20, 2015 Under Contract
  • Nov 13, 2015 Listed at $750,000
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More Details
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
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1732 Waiola St
5 Bds | 4 Ba
1,344 ft²
902 Birch St
3 Bds | 2 Ba
1,630 ft²
Other Hawaii Homes
  • Sold 2/19/16 at $733,000
    (List Price: $750,000)
Description
Numerous opportunities for this property. May qualify for FHA loan in which you can occupy one unit and use the rental income to offset your mortgage payment and expenses. VA loan may be possible but must check with VA appraiser because property square footage may not match existing tax records. A-2 Zoning so redevelopment into apartment building is a possibility. Collect rental income while you draft plans for new apartment complex and permitting. Rents could potentially be raised as well as some of the units are under market rents. Great location and excellent opportunity!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Mar 12, 2021 Off Market
    • Feb 22, 2021 Price $829,000
    • Jan 11, 2021 Listed at $849,000
    • Dec 07, 2020 Off Market
    • Oct 05, 2020 Price $849,888
    • Sep 14, 2020 Listed at $888,000
    • Feb 19, 2016 Sold for $733,000
    • Jan 25, 2016 Under Contract
    • Dec 03, 2015 Back to Active
    • Nov 20, 2015 Under Contract
    • Nov 13, 2015 Listed at $750,000
    Other Ala Moana Homes
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    1732 Waiola St
    5 Bds | 4 Ba
    1,344 ft²
    902 Birch St
    3 Bds | 2 Ba
    1,630 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.
    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.
    Learn about property tax rates.