Robert Vernon
This listing was posted on RealtyWW.
$1,499,000
Papaku Pl, Honolulu, Home For Sale
Price:
$1,499,000
BR/BA:
3 BR, 1 BA
Location:
1139 Papaku Pl, Honolulu, HI
Description:
PRICE IMPROVEMENT - 200K BELOW TAX ASSESSED VALUE FOR 2024! AN EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 ZONED PROPERTY IN THE HEART OF MAKIKI! FEATURING AN EXISTING WELL KEPT 3 BEDS/ 1BA 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 SQ.FT. UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXPEDITED PERMITTING and REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION.SELLERS HAVE COPIES OF BUILDING PLANS SUBMITTED TO DPP FOR A 33 UNIT AFFORDABLE HOUSING 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 CONSULT PROFESSIONALS. CONVEYED AS IS.For more details: https://realtyww.info/homes_honolulu-d523337/for-sale_i74065072
Property Type:
Single-Family Houses
Posted:
July 17 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Papaku Pl, Honolulu, Home For Sale
Papaku Pl, Honolulu, Home For Sale is a Three Bedroom One Bath Single-Family Homes for Sale at 1139 Papaku Pl in Honolulu HI. Find other listings like Papaku Pl, Honolulu, Home For Sale and listings near 1139 Papaku Pl by searching Oodle Classifieds for Three Bedroom One Bath Single-Family Homes for Sale in Honolulu HI.
Papaku Pl, Honolulu, Home For Sale is a Three Bedroom One Bath Single-Family Homes for Sale at 1139 Papaku Pl in Honolulu HI. Find other listings like Papaku Pl, Honolulu, Home For Sale and listings near 1139 Papaku Pl by searching Oodle Classifieds for Three Bedroom One Bath Single-Family Homes for Sale in Honolulu HI.