Lowest priced home in Aiea w/ Great Investment Potential

By
Real Estate Agent with Hawaii Life Real Estate Brokers

Invesment in residential real estate in Hawaii hasn't always been known for its cashflow.  Typically most people that "invest" are banking on appreciation.  In any event, getting properties to cashflow has been more difficult in the last year or two.  For those of you out there looking for an investment, I have a listing that is the lowest priced home in Aiea at $510,000.  It is currently tenant occupied and the tenants are paying $2500/month.  That alone could carry a good $400,000 ish in debt service.  If someone where to be able to put 20% down, this would pay for itself! It's right up the hill from Pearl Harbor and minutes from Pearl Ridge shopping center!

Aiea Home Living Room    Aiea Home Side View  Aiea Home Kitchen

In addition, this place was completely remodeled in 2007! A 4 bed, 2 bath home @ $510,000! It's a bargain!

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Tags:
pearl ridge
pearl harbor
invest
aiea
residential real estate in hawaii
cashflow

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Ambassador
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Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Realtor - Atlanta Real Estate
Wow, I guess prices are higher in paradise.  It looks like a great home for the money.
May 08, 2008 10:53 AM #1
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David Buck

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