804 Kaaloa Street Honolulu, HI 96826
Listing
Overview
Price: $886,000
Area: MOILIILI
Status: Active
The best location to do the City and County is Bill-7. The “BILL 7 is a landmark accomplishment in the profitable development of multi-family rental housing by offering substantial incentives to developers and property owners to quickly and cost-effectively develop or upgrade qualifying parcels with higher-density buildings.” Summary of significant benefits: 3 to 4 times the number of units allowed on the same lot size; C&C grant of up to $15 / SF at completion; NO property taxes for 10 years; Zero permit and utility fees; 90-day permitting process. XX. For the lot, a possible 1600 SF living area per story, a 6-story building, and a max of 15-unit property. Please do your due diligence. Listing by: Harper Island Realty LLC (808) 221-0667
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