516 Panui LILIHA

High-Yield Investment Property - 516 Panui St. - 4 Units! Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1-bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Utilities are streamlined with individual electric, water, and gas meters. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location! First Open Sunday, March 16, 2025, 1-4pm!