2127 Dole St (Kapiolani)

This prime investment opportunity is located in the heart of Moiliili, just minutes from the University of Hawaii, Waikiki, and Ala Moana Shopping Center. Fully occupied and generating consistent income, this property features three separate dwellings, front house was fully renovated in 2023. The front house offers 9 bedrooms and 2.5 bathrooms, split into two levels with 5 bedrooms, 1 bathroom, and a kitchen on each floor. In addition, there is a separate studio in the back with updated appliances and a split AC unit. Renovations include new luxury vinyl flooring, fresh interior and exterior paint, modern countertops, cabinets, fixtures, and brand-new appliances in the kitchens and bathrooms. Currently set up in a dormitory-style arrangement, the property is ideal for student housing or shared living accommodations. Electricity is separately submetered for each unit, and there are sets of coin-operated washers and dryers. The property also features several parking options and a small backyard. Conveniently located near the H1 freeway, bus stops, schools, hospitals, restaurants and city activities, this property is perfectly positioned for strong rental demand.