Active
3198 WAWAE RD
KALAHEO HI, 96741
$2,700,000
$1,125.00 per sqft
Active
7 Beds
4.5 Baths
2,400 sqft
Multi-family
Built in 2002
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 < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information!
> 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.
710567
MLSⓇ ID
May 2, 2024
Listed
November 23, 2024
Updated
Map
3198 WAWAE RD
KALAHEO HI, 96741
Interior Features
Bedrooms
7
Total Bathrooms
4.5
Full Bathrooms
3
Three-Quarter Bathrooms
2
Interior Features
Hardwood
Appliances
Dishwasher, Microwave, Range, Oven, Refrigerator, Dryer, Washer
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
Wood Burning
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.35 Acres
Sewer
Septic Tank
Other Property Details
Area Name
Koloa
Taxes
$3,186
Tax Frequency
Annually
Days on Market
185
Garage
No
View
Yes
View Description
Mountain(s)
Pool
No
Zoning
A
Courtesy of eXp Realty, David D Ower
Listing Contact:
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Data last updated 11:40 PM UTC, 11/23/2024