Cute Waikiki investment

You don't see too many units in Boulevard Tower for sale—probably because there are only 45 of them in the building. Here's one that's a good opportunity, especially since it's fee simple.

Boulevard Tower is cute; there are only 10 floors, with just a few units per floor, and it's been well maintained for its 43 years.

Unit 802 has two bedrooms and one bathroom within its 609 square feet. You can walk out to the double lanais from the bedroom and living room to enjoy some gorgeous Ala Wai views. (Despite the jokes about the water, the view is nice.)

The apartment was recently renovated with bamboo, granite and stainless steel in the kitchen, as well as back-lit cupboards. The full bath was also updated.

The unit also comes with a deeded parking stall, a premium item in Waikiki, but you may not need to drive much—Boulevard Tower gets  a score of 82 on Walkscore.com.

"It's super clean and bright," says realtor Kelly Mitchell. "Since it's vacant, you can move right in." (Click here for details.)

Money talk: $249,000 fee simple
Contact: Kelly Mitchell, Elite Pacific Properties, 808-384-7165, kellymitchell@elitepacific.com