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3198 Wawae Rd, Kalaheo, HI 96741

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For Sale

$2,550,000

7 beds5 baths2,400 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,062.50
    Price per square foot

  • 21-30 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Income-Producing Property in Lawai Valley Estates - Seller Financing Available Unique opportunity to own a serene, multi-unit property in Lawai Valley Estates with 4 permitted rental units + office/storage space on one lot. Live in one and rent the rest-or lease all for maximum income. Fully furnished and income ready. Units & Rents: * Upstairs Main Home - 1BD/1BA | $2,850/mo + 30% electric | Private yard, fireplace * Downstairs Main Home - 4BD/2BA | $5,700/mo + 40% electric (additional $900/mo if rented to extra person per contract) | Attached garage (half), lofts, lanai, courtyard| Attached garage (half), lofts, lanai, courtyard * Studio Cottage - 1BD/ 3/4BA | $2,700/mo + 20% electric | Loft bedroom, outdoor shower, lanai * Caretaker's Cottage + Half Garage Office/Storage - 1BD/ 3/4BA + half of garage office/storage space | $2,850/mo + 10% electric | Screened lanai, valley views, private rear entrance to office/storage Financials: Total Monthly Income: $14,100-$15,000 Seller Financing Terms: 10% Down ($255,000) 4.75% Interest Up to 5-Year Term Approx. P&I Payment: $11,971.81/month Additional Info: - Fully furnished - Private courtyards and lanais - Chimenea fireplaces in main units - By appointment only - do not disturb tenants - Property does not match county records - buyer to verify - Seller requests leaseback of Caretaker's Cottage + garage space for up to 2 years at $2,850/mo + 10% electric; open to assisting with property management for reduced lease rate Excellent investment opportunity with flexible use and immediate rental income in a lush Kauai valley setting.
MLS# 710567

Courtesy Of eXp Realty, LLC

(808) 725-2794

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Wired
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Tile - Ceramic, Slate
  • Lot Size
    0.35 Acres
  • View Type
    Ocean, Forest

Map and Directions

Directions to 3198 Wawae Rd, Kalaheo, HI 96741
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