$1,999,000
MORTGAGE CALCULATOR
Fee Simple LAND TENURE
3 BEDROOMS
2 BATHROOMS
Residential
CLASS
Waimahaihai
DEVELOPMENT
139 Mehani Pl
PRICE: $1,999,000 Fee Simple
BEDROOMS: 3
BATHROOMS: 2
CLASS: Residential
DEVELOPMENT: Waimahaihai
| MORTGAGE AMOUNT | $0 |
| DOWN PAYMENT AMOUNT | $299,850 |
| MONTHLY MORTGAGE PAYMENT | $0 |
| TOTAL MONTHLY PAYMENT | $0 |
MLS#: 403228
Bedrooms: 3
Bathrooms: 2
Interior Area: 3981
Days on Market: 114
Type: Residential
Status: ACTIVE
Lot Size: 0.1737
Offer Price: $1,999,000
MLS#: 403228
Development: Waimahaihai
Posting Date: 09-04-2024 9:11am
LISTING PROVIDED BY
Lina Duong RS-85500
808-463-7877
linaduong88@gmail.com
Coldwell Banker Island Prop-Ku
808-875-7000
steve.baker@islandproperties.com
http://www.islandproperties.com
808-463-7877
linaduong88@gmail.com
Coldwell Banker Island Prop-Ku
808-875-7000
steve.baker@islandproperties.com
http://www.islandproperties.com
PROPERTY DESCRIPTION
Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property`s value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.
PRICE HISTORY
| Date | Days Ago | Event | Price |
|---|---|---|---|
Last update: 9:11am 9/4/2024
Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.
