444 Niu Street Unit 3506, Honolulu, HI 96815

$339,000
1
BD
2
BA
532
SqFt
Sold Price
$339,000
List Price
$339,000
Days on Market
12
Closing Date
Jan 07, 2022
MLS#
202127232
Status
SOLD
Type
Condo
Building
Hawaiian Monarch
Bedrooms
1
Full Baths
2
Living Area
532
Sq Ft Total
532
Land Area
38,463
Land Tenure
LH - Leasehold
Neighborhood
Waikiki

Property Description

A rare and exciting opportunity to own a high floor, long-term Leasehold investment or vacation property in world famous Waikiki. Fee is available and can convert it into a Fee Simple unit. The lease does not expire until 2056. This unit legally allows vacation rentals, short-term rentals and long-term rentals!!! Turn-Key and ready to rent. Currently being rented through Air BnB. The unit is separated into 2 units (A-Unit & B-Unit), with two distinct key cards to allow maximum privacy for separate renters. The Hawaiian Monarch offers great many amenities including, a giant pool deck, exercise room, and community laundry. Bicycle rentals, convenient stores and various eateries on ground level. Walking distance to Waikiki Beach, Ritz Carlton, Ala Moana Shopping Center, Convention Center, and famous Waikiki Strip and amazing nightlife. Buyers to do their own due diligence on short-term and long-term rentals and income.

Additional Information

Island
Oahu
Monthly Maint Fee
$779
Stories Type
One
Unit Features
Corner/End, Full Bath on 1st Floor, Single Level
View
City, Golf Course, Mountain, Ocean
Lot Size
38,463
Construction Materials
Concrete
Mls Area Major
Metro
Neighborhood
Waikiki
Furnished
Full
Year Built
1979
Tax Amount
$123
Building Name
Hawaiian Monarch
Inclusions
AC Window Unit, Disposal, Microwave, Range/Oven, Refrigerator
Maintenance Expense
$779
Parking Features
None
Unit
3506
Amenities
BBQ, Community Laundry, Exercise Room, Pool on Property, Resident Manager, Restaurant, Security Guard
Style
Condotel, High-Rise 7+ Stories
Lease Fee Month
325
Lease Expiration Date
2054-06-20
Assessed Total
422700
Assessed Improvement
231100
Assessed Land
191600
Zoning
X2 - Apartment Precinct

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of eXp Realty. Selling Office: Maui Lifestyle Realty LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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