222 Kaiulani Apts #202 (Waikiki)

Currently the best value fully remodeled 2 bedroom in Waikiki! Great cash flow opportunity for investors with an estimated depreciation deduction of $8,500/yr to help offset income tax from rental income. Property is currently tenant occupied at $3,150/month, however, rental income could be higher if rented short-term on a monthly basis. Current tenant's lease ends May 31st. The condo is located only a few minutes away from Waikiki Beach, one block from the new Foodland grocery store and two blocks from Target. Property was fully renovated from top to bottom in 2024 and was furnished with high quality finishes like engineered hardwood flooring, quartz countertops, new electric, plumbing and cabinets. Appliances include refrigerator with ice maker, dishwasher, range with range hood and microwave and washer/driver combo unit - all brand new as of 2024. Parking is available for rent on a monthly basis in the building next door. Please reach out directly to schedule your showing today.