1-A

$750,000

  • MLS® #: 391757
  • 332 Front St 1-a
  • Lahaina, Hawaii 96761

1-A

$750,000

  • MLS® #: 391757
  • 332 Front St 1-a
  • Lahaina, Hawaii 96761
3 Beds
1½ Baths
1,296 Sqft
.18 Acres
1975
Year Built
  • Overview 3 Beds, 1½ Bath, 1296 SQ. Feet, 0.18 Acres
  • Listing Type Residential
  • Office: Keller Williams Realty Maui-L

This property is located on the preferred South end of Front Street, and is ideally suited for an investor seeking a property with strong rental income, or an owner/occupant buyer looking for a home that allows them to generate income to help with the expenses. This property is currently being rented to five separate tenants, with a Main house, Ohana and three Studios. The dwelling appears to be larger than shown on the TMK records. See "D" for additional documents, a sketch showing a rough layout of the dwelling(s), a Preliminary Title Report, 2020 rental history and expenses. Based on the income figures and expenses provided by the seller's property manager, the property yielded an 8.2% return in 2020. This rate of return is based on a cash sale at the listing price of $750,000. The home is on leasehold land. The asking price would be much higher if the property was offered in Fee Simple. Based on research completed by the title department of Fidelity National Title Co. and the lessee has the first right of refusal on the purchase of the Fee Interest, in the event the Lessor decides to sell. A fully copy of the Lease, as well as a Leasehold Disclosure Summary will be delivered to buyer in escrow, and the purchase is subject to the buyer's review and approval of these documents, as provided for under Hawaii State Law. DO NOT DISTURB THE TENANTS! Seller does not want tenants disturbed. Buyer and/or their agent may not view the property prior to buyer and seller executing a Purchase Contract at a price and terms acceptable to both parties. Whereupon, buyer may make any and all inspections they may deem necessary, as provided for under Standard Terms Section J-1 of the Hawaii Realtors Association approved Purchase Contract. Purchase would be subject to buyer's review and approval of all inspections, to include a physical inspection. Information was gathered with care, but is not guaranteed by agents or seller. Buyer to perform their own due diligence/verification.

Essential Information

MLS® #391757
Price$750,000
Bedrooms3
Bathrooms1.50
Square Footage1,296
Acres0.18
Year Built1975
TypeResidential
Sub-TypeSingle Family
Land TenureLeasehold
StatusActive

Community Information

Address332 Front St 1-a
AreaLahaina
SubdivisionAholo
CityLahaina
StateHawaii
Zip Code96761

Amenities

FeaturesRemodeled
ViewOther
WaterfrontNone

Utilities

County Water, Overhead Electricity, TV Cable, Telephone

Exterior

Lot DescriptionLevel

Additional Information

Date ListedJune 4th, 2021
Lease ExpiresJanuary 1st, 2030
Lease ExpiresJanuary 1st, 2030
Days on Market59
ZoningR-2 Residential, Urban
Description Land TenureLeasehold

Listing Details

OfficeKeller Williams Realty Maui-L

Lahaina Statistics

To view all homes for sale, recent sales, maps, floor plans and learn more, visit our Lahaina Real Estate page.
Please provide a valid email address.

Quick Details

This Single Family Residence is priced at $750,000 and located at 332 Front St 1-a, . With 3 Bedrooms and 1.50 Bathrooms, it offers a total of 1296 Square feet. This Residential was built in 1975 and its status is Active. This property is represented by Nancy Montoya of Keller Williams Realty Maui-L, Contact Number 808-250-5073, our team of Realtors can represent you at no additional cost.

Similar Properties You Might Like

New Listing
Photo of Listing #392485

854 Hokeo St, Lahaina

$899,000 - 5 Beds, 2.00 Baths, 1,214 Sf

MLS® # 392485

Fee Simple
Maui Lifestyle Realty LLC

Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.