$1,999,000
 $10,731 forsale estimated payment Sourced by Back At You

139 Mehani Pl , Kihei, HI 96753

Kihei, HI 96753

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Description

Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.

Details

Mls403228
Listing TypeFor Sale
StyleDetachd
SubtypeFee Simple
StatusACTIVE
Year1978
Days On Site105
Listing Provided ByColdwell Banker Island Prop-Ku | Lina Q Duong
Buying Commission2.500

Features

Beds3
Baths2
Sq Feet3,981
Car PortYes
Storys2
Acreage0.17
Property ViewYes

Market Activity 96753

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. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2024, REALTORS® Association of Maui, Inc. All Rights Reserved.

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Listings Checked: 4 minutes ago
StateHI
CityKihei
Zip Code96753
AreaMaui
SubareaKihei
Community NameWaimahaihai
Listing VS Median (in Waimahaihai)
Price:
$1,999,000
low | high
Med:
$1,462,000
76.863431715858% of Average
SqFt:
3,981
low | high
Med:
1,771
100% of Average
$ / SqFt:
$502
low | high
Med:
$825
14.251227296682% of Average
On Site:
105
low | high
Med:
178.500000
58.823529411765% of Average
Sourced by Back At You
Listing Updated: December 1, 2024 at 11:54:26 PM PST