3 bedroom house for sale
$1,599,000 - Honolulu HI 96814Details
- Beds: 3
- Baths: 1
- Price: $1,599,000
- Internal Reference No.: 66555654
- Area: 680 sqft
Overview
EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKIEXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKI! THIS EXTRAORDINARY OFFERING IS PRICED WELL BELOW THE 2023 REAL PROPERTY TAX LAND VALUE. FEATURING AN EXISTING WELL KEPT 3 BEDROOM/ 1 BATH SINGLE FAMILY HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING AND/OR THE POTENTIAL TO DEVELOP SENIOR CARE FACILITIES FOR OUR KAPUNA. UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQUARE FOOT UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXEPEDIATED PERMITTING, AND A REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION. IN FACT, THIS PROPERTY COULD SUPPORT THE DEVELOPMENT OF A SUBSTANTIAL 30-UNIT PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS. BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND REACH OUT TO THE DEPARTMENT OF PLANNING and PERMITTING AND LUO. For more details and to contact: https://realtyww.info/homes_honolulu-d523337/for-sale_i66555654
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-01-07, Viewed 4 times.
Search more listings
- Top 20 2 bedroom apartment for rent macon ga washer/dryer
- Top 10 3 bedroom house for sale richardson tx den
- Top 10 2 bedroom house for rent cleveland oh parking
- Top 50 1 bedroom apartment for rent marlton nj pool
- Top 10 3 bedroom house for rent palm beach gardens fl parking
- Top 20 1 bedroom apartment for rent weymouth ma hardwood floor
- Top 20 3 bedroom house for sale newnan ga backyard
- Top 10 3 bedroom house for sale cleveland oh ensuite
- Top 100 2 bedroom apartment for rent washington dc appliances
- Top 20 2 bedroom house for sale murphy nc furnished
- Top 10 2 bedroom apartment for rent hiram ga tennis court
- Top 50 2 bedroom apartment for rent detroit mi appliances