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1718 Lehua Pl
Wailuku HI 96793 US

$745,000

Pending Listing ID 388384
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2 bed
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1,400 sqft
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2.00 Bath (2 Full Bath)
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Lot: 0.14 acre
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Single Family Detached

$745,000

Pending Listing ID 388384
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1718 Lehua Pl Here is great investment property opportunity in Wailuku. This property features a main house in the back and a detached Ohana/cottage in the front down a nice quiet no outlet street. The property is currently split into 4 separate units with 4 tenants. The main house is 1400 SF split into 2 units with a 700 SF one bedroom one bath downstairs and a 700 SF one bedroom one bathroom upstairs. The upstairs has a nice lanai deck area off the back and solar water heating. The main house also has a carport for 2 cars and a fully fenced yard with a huge Papaya tree. There are 2 apartment units in the front Ohana/cottage. One is a 3 bedroom, one bath and the other is a 1 bedroom, one bath. The front building is a little over 1400 SF and currently has a leased solar system that expires next year. All units are sub metered power. The county shows this as valid multi buildings however 2 of the units non conforming. Buyer and/or their agent should conduct their own due diligence in regards. Great rental income is being generated at almost a 8% cap rate. All units are currently occupied and all tenants have signed for another year or plan to. No lapses of rent during pandemic. Pictures taken before tenants occupied.

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Property Features

  • Facts
  • Lot Size: 0.14 acre
  • Property Type: Residential
  • Property Sub-type: Single Family Detached
  • Features
  • Full Bathrooms: 2
  • Roof Type: Unknown
Listing Changed: 11/18/2020 8:07:36 AM GMT
Source Updated Date: 1/25/2021 6:30:03 AM GMT

Courtesy of: David Zapanta, Keller Williams Realty Maui-Ki

Listing Source - ListHub

Copyright © 2020 Realtors ® Association of Maui, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.