Ka Malanai At Kailua 361 Kailua Rd 8205, Kailua
MLS® # 202426016
Looking for an investment property with steady cash flow or an owner occupant property in great condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with 4 tenants on 12 month leases earning $8670 per month in gross monthly income; For the Owner Occupant, the seller will consider ending current leases early to facilitate owner occupancy for an acceptable offer. The property floorplan has been successfully modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. The unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot. HOA has 100% hurricane insurance. Seller to entertain pre-paying future maintenance fees for acceptably priced offers.
BBQ, Boat Dock, Club House, Community Association Pool, Exercise Room, Heated Pool, Patio/Deck, Pool, Recreation Area, Resident Manager, Walking/Jogging Path, Wall/Fence
Bedroom on 1st Level, Full Bath on 1st Floor, Multi Level, Storage, Yard
Garage, Guest, Open - 2, Street
This condominium is located at 599 Keolu Dr B, , it is currently priced $1,274,000 . This Condo/Townhouse has 3 Bedrooms and 2.50 Bathrooms, totaling 1716 Square feet. Built in 1973, this Condo/Townhouse is Active. Represented by Jon S Mann of Hawaii Life, Contact Number (808) 728-1230.
MLS® # 202426016
MLS® # 202424034
MLS® # 202424109
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on November 14th, 2024 at 12:36am HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.
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