3198 WAWAE RD Active Save Request In-Person Tour Request Virtual Tour
Kalaheo,HI 96741
Key Details
Property Type Multi-Family
Sub Type Four Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,062
Subdivision Kalaheo Homesteads
MLS Listing ID 710567
Bedrooms 7
Full Baths 3
Three Quarter Bath 2
Year Built 1995
Annual Tax Amount $3,186
Tax Year 2023
Property Sub-Type Four Or More Units
Property Description
Calmness and serenity located in the Lawai Valley Estates with 4 income producing units on one lot. Live in one unit and rent the others, the possibilities are endless!
Property Highlights:
* Upstairs Main Home * 1 Bed / 1 Full Bath
- $2,850 / month, tenant pays additional 30% of monthly electric bill
- Private yard and parking
- Chimenea fireplace in living room
* Downstairs Main Home * 4 Bed / 2 Full Baths
- $5,400 / month, tenants pay additional 40% of monthly electric bill
- Attached garage with access to half
- Staircase leading to two half lofts
- Enclosed lanai with chimenea fireplace
- Private courtyard
* Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath
- $2,700 / month, tenant pays additional 20% of monthly electric bill
- Located on the back left side of property
- Open floorplan with ladder to bedroom loft
- Private lanai with outdoor shower with private courtyard
* Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath
- $1950/ month, tenant pays additional 10% of monthly electric bill
- Located on the back right side of the property
- Screened in covered lanai overlooking the valley
* 2nd half of Garage - Office Space or Storage Space *
- $900 / month
- Private entrance on back side
- Possible use as extra storage, office space, or gym.
> SELLER FINANCING AVAILABLE > Sold fully furnished.
> By appointment only, please do not drive by or disturb tenants.
> Seller would like new owner to consider up to a 2-year lease back for Caretakers Cottage and 2nd half of garage at $2,850 / month plus 10% of electricity. Seller could also help manage property and collect rents for reduced lease.
> Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.
Location
State HI
Community Kalaheo Homesteads
Area Hi
Zoning A
Interior
Hot Water Electric
Flooring Ceramic Tile,Hardwood,Slate
Fireplaces Type Wood Burning
Exterior
Parking Features Assigned
Utilities Available Electricity Available,Underground Utilities
View Y/N Yes
View Forest,Garden,Mountain(s),Ocean Horizon,Pasture
Waterfront YN false
Building
Sewer Cesspool,Septic Tank
Others
Acceptable Financing 1031 Exchange,Cash,Contract
Listing Terms 1031 Exchange,Cash,Contract
Special Listing Condition Fee Simple,Standard