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2908 Varsity Circle #5

Sold for $2,050,000 on March 28, 2022.

  • Status: Sold
  • Tenure: Fee Simple
  • Type: Multi-dwelling
  • Est. Mortgage: $8,362/mo
  • HOA Fee: n/a
  • Taxes: $579/mo
2908 Varsity Circle #5 was on the market for 458 days. Originally listed for $2,200,000.

What this multi-dwelling offers

Pool

Great location close to UH Manoa, Puck's Alley, and easy access west or east bound. This property has true pride of ownership and is very well maintained. Majority of the units have been refurbished and only a few units left to add your own personal touch. The one bedroom units are very spacious for one bedroom standards. The 8th unit was converted to a 2 bedroom unit so the 7th was decreased to a studio. The exterior has been recently painted and every unit could have a washer/dryer hook up or install your own coin operated laundry machines. The rent roll is lower than market because half of the building is occupied by family and friends. 6 out of the 8 leases are on a month to month term. There are 7 open parking stalls available. There used to be 8 but owner wanted to have slightly wider stalls. This is one of the cleanest and well kept buildings in the neighborhood and will be a perfect cash flow for a 1031 exchange. Please make an offer subject to inspection as we do not want to disrupt the tenants especially during the pandemic.

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Location

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2908 Varsity Circle #5, Honolulu, HI, 96826 is located in Moiliili on Oahu.

More about this multi-dwelling
  • Parcel: 1-2-8-025-015-0000
  • Year Built: 1955
  • Lot Size: 5,001 sqft
  • Views: City, Mountain
  • Construction: Brick, Single Wall
  • Roof: Asphalt Shingle
  • Parking: Assigned, Open
About Honolulu

Honolulu homes come in a wide variety of styles and prices. While known for its luxury oceanfront estates, Honolulu has neighborhoods with affordable condos and modest homes for first-time buyers. Higher-priced inland homes on larger lots grace well-cared-for neighborhoods. As homes rise on hillsides, so do prices. Oceanfront luxury mansions and gated ridgeline estates with panoramic views are the most expensive homes in Honolulu. View all homes for sale in Honolulu.

Listing courtesy of Ivy N Kumai from Ivy K Realty, LLC, MLS #202127221.

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Recently Sold

The most recently sold Multi-Family Homes with bedroom(s) nearest to 2908 Varsity Circle #5 and sorted by date, then price.

Date Sold Sold Price Address DOM Beds Baths SQFT
03/28/2022 $2,050,000 2908 Varsity Circle #5 146 bed 0 bath
02/09/2022 $1,504,000 2952 Varsity Circle 110 bed 0 bath
12/15/2021 $2,930,000 2816 Waialae Avenue 109 bed 0 bath
04/28/2022 $1,165,000 2819 Waialae Avenue #D 115 bed 0 bath
08/15/2022 $1,200,000 2827 Waialae Avenue 205 bed 0 bath
03/07/2022 $1,488,000 2864 Waialae Avenue #A 104 bed 0 bath
04/29/2022 $2,795,000 727 Mahiai Street 116 bed 0 bath
03/31/2022 $1,600,000 726 Menehune Lane 187 bed 0 bath
03/10/2022 $2,700,000 2620 Date Street 43 bed 0 bath
08/12/2022 $1,650,000 908 Hausten Street 63 bed 0 bath
11/18/2022 $2,375,000 1116 Isenberg Street 80 bed 0 bath
06/30/2022 $2,300,000 574 Lauiki Street 199 bed 0 bath