Leilehua #105 — One of the best valued condos in town (Jan/2021)
Is it your goal to buy your first place or to get an investment property in Honolulu? This may be the one for you!
Tucked away on a side street in the Punchbowl neighborhood of Honolulu lies Leilehua. Leilehua is located at 112 S School Street Honolulu, HI 96813. This building features 64 residential units spread throughout 4 floors. The building is a low-rise as it only has 6 floors (2 floors of parking + 4 floors of residential condos).
Today I just listed unit #105 listed at $329,000.
Now you may be thinking what’s so great about this building? Well first of all it was built in 1984 which means there is no asbestos in the ceiling. The second good thing is the location. A quick search of Leilehua on Google Maps will show you that the locations is superb. It is just a short distance to Downtown Honolulu, Kakaako, and has easy access to all freeways. Another great thing about Leilehua is that it has covered secured parking along with covered secured bicycle parking.
A quick search on any real estate search website will show you that this is the only condo in town that is a 1 bedroom with a washer/dryer inside your unit, a window AC unit, has covered secured parking, and has maintenance fees under $350 a month (Leilehua’s maintenance fee is $334 as of 1/14/21). Plus with today’s low interest rates, even an investor can make a slight positive cash flow (which is rare for metro Oahu).
Overall, this is a great opportunity for any first-time-homebuyer or investor looking for a condo in town with parking and low maintenance fees. Check us out at our first open house on 1/17 from 2–5pm or view our property video below!
