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Condo in Waikiki - Metro Honolulu Oahu
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 and rental income could be substantially higher if rented short-term. With this unit having undergone an entire renovation from top to bottom with luxury finishes throughout, this fee simple condo is arguably the best value-buy in Waikiki and the unit commands higher than average rents for the area. The condo is located just 1 block from a brand new grocery store (by Foodland) located on the second level of the Lilia Waikiki building on Kuhio Ave. & Kanekapolei St., and 2 blocks from the brand new Target that just opened at the end of October, located in the International Market Place. The condo is also located just minutes away from Waikiki Beach, which features countless water sports and beach activities, shopping, entertainment, dining, and so much more!
222 Kaiulani Avenue 202 Honolulu 96815 is listed Courtesy of Paradise Real Estate Brokers (808) 990-1201
Condo in WAIKIKI - Metro Honolulu , Oahu
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