4597 LEHUA ST, KAPAA, HI 96746

$2,700,000
3
BD
3
BA
3,232
SqFt
List Price
$2,700,000
Days on Market
21
MLS#
707495
Status
ACTIVE
Type
Multifamily
Bedrooms
3
Bathrooms
3
Living Area
3,232
Land Tenure
Leasehold
Neighborhood
Kapaa Town Lots

Property Description

This is a leasehold property (LH). This is one of the most unique residential building that I have had the opportunity to represent, built by one of the most imaginative architects I have known. There are actually 4 levels to each of the three townhomes (two are furnished) and include an amazing private rooftop lanai for each unit (lanai's for units 1 & 3 are 365 sq ft and unit 2 is 529 sq ft. Each lanai offers panoramic ocean, mountain Kapaa town views. The first level offers each unit a two car enclosed garage. Two are currently rented at $750 & $800.00 per month to private parties (additional income for the owner/investor). The 2nd level is the kitchen/LR, lanai and full bath. The 3rd floor is a large bedroom and the access to the fourth floor lanai. Total buildout: 4536 sq ft. This property has the County designation of "Live/Work), meaning that you can live in the building and also have your business located there. Check with County for all applicable uses. Two blocks to the beach and the 13 mile Beachwalk. Restaurants, coffee shops, happy hours, coffee shops, Public Transportation, shopping, banks, grocery stores, churches, gas stations and professional services are everywhere. Seller financing available to qualified Buyers. This opportunity is an investor, owner/investor occupant Buyer. This is a leasehold property, with a current known period through 2040. The seller is seeking to increase that period to 2060.

Additional Information

Solid Waste Disposal Trash
County-Charge
Roads
County, Paved
Parking
Assigned, DE
Taxes Annual
$12660
View
Ocean, Mountain, City
Garage
1260
Appliances
Microwave, Refrigerator, Range/Oven
Lot Number
5
Zoning
SPA-A
Lot Size
9,990
Lot Description Land
Corner
Security
None
Water
County
Power
Underground
Window Coverings
Blinds, Curtains, Drapes
Frontage
Road/Street
Heating Cooling
None
Sewer
Sewer-Connected
Assessed Value
1471100
Topography
Level
Floor Covering
Carpet, Ceramic Tile, Hardwood
Washer Dryer
Stacked Washer/Dryer
District
Kawaihau
Year Built
2004

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of eXp Realty.

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