167 Lower Waiehu Beach Rd, Wailuku, HI 96793

$1,850,000
4
BD
2
BA
1,920
SqFt
List Price
$1,850,000
Days on Market
58
MLS#
398538
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Bathrooms
2
Living Area
1,920
Acres
0.30
Land Tenure
Fee Simple
Neighborhood
Wailuku

Property Description

Beautiful Lower Waiehu property with multiple dwellings and fantastic rental possibilities, great for help on the mortgage payment. Built in 2007, this house and ohana offer multiple units and plenty of parking. Beautifully appointed with high end finishes and designed for low maintenance. No carpet, hardwood floors, real stone and top of line fixtures. The ohana (great mortgage helper) sits at the front of the lot, just across the street from the ocean. The living space for the ohana is on the second floor, with a large garage beneath. The main home is at the back of the property, featuring creative design to maximize the living space on two levels. Both homes have ocean views and bright airy lanais. You're conveniently located next to shopping, restaurants, Waiehu Municipal Golf Course and great ocean access. The property has owned photovoltaic on NET metering. The current rent roll for this property is $6,850. The proposed market rents provided by a local property manager is $8,950,  a solid income for the investor-minded buyer. We have complete Matterport walkthroughs for each unit available upon request. The property is also interim zoning that allows for expansion beyond what is currently built to maximize your ROI. The seller has stamped plans for the property plus the possibility of surplus water on the existing meter.

Additional Information

View
Mountain/Ocean
Lot Size
13,164
District
Wailuku
Year Built
2007
Ohana Beds
2
Ohana Bths
1
Ohana Living Area SqFt
600
Ohana Deck Cov. SqFt
160
Waterfront
Across Street from Ocean

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hawaii Life (W).

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.

Contact: Cell: 808-283-2222