- Overview 0.14 Acres
- Listing Type Residential
- Office: Town and Country Real Estate
A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Single Family MLS#202421899.
Essential Information
Community Information
Amenities
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available
Interior
Exterior
Additional Information
Listing Details
Quick Details
This Single Family Residence is priced at $1,939,000 and located at 703 Kihapai Place, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 0 Square feet. This Residential was built in 1956 and its status is Active. This property is represented by Tony Groman of Town and Country Real Estate, Contact Number (808) 389-4004.
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on December 4th, 2024 at 11:48am HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.
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