Kalaheo, HI 96741,3198 WAWAE RD
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$2,550,000
Est. payment /mo
7 Beds
5 Baths
2,400 SqFt
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Key Details

Property Type Multi-Family

Sub Type Four Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $1,062

Subdivision Kalaheo Homesteads

MLS Listing ID 710567

Bedrooms 7

Full Baths 3

Three Quarter Bath 2

HOA Y/N No

Originating Board Hawaii Information Service

Year Built 1995

Annual Tax Amount $3,186

Tax Year 2023

Property Sub-Type Four Or More Units

Property Description

Calmness and serenity located in the Lawai Valley Estates with 4 income producing units on one lot. Live in one unit and rent the others, the possibilities are endless!

Property Highlights:
* Upstairs Main Home * 1 Bed / 1 Full Bath
- $2,850 / month, tenant pays additional 30% of monthly electric bill
- Private yard and parking
- Chimenea fireplace in living room

* Downstairs Main Home * 4 Bed / 2 Full Baths
- $5,400 / month, tenants pay additional 40% of monthly electric bill
- Attached garage with access to half
- Staircase leading to two half lofts
- Enclosed lanai with chimenea fireplace
- Private courtyard

* Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath
- $2,700 / month, tenant pays additional 20% of monthly electric bill
- Located on the back left side of property
- Open floorplan with ladder to bedroom loft
- Private lanai with outdoor shower with private courtyard

* Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath
- $1950/ month, tenant pays additional 10% of monthly electric bill
- Located on the back right side of the property
- Screened in covered lanai overlooking the valley

* 2nd half of Garage - Office Space or Storage Space *
- $900 / month
- Private entrance on back side
- Possible use as extra storage, office space, or gym.

> SELLER FINANCING AVAILABLE > Sold fully furnished.
> By appointment only, please do not drive by or disturb tenants.
> Seller would like new owner to consider up to a 2-year lease back for Caretakers Cottage and 2nd half of garage at $2,850 / month plus 10% of electricity. Seller could also help manage property and collect rents for reduced lease.
> Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.

Location

State HI

Community Kalaheo Homesteads

Area 15159.0

Zoning A

Region Koloa

City Region Koloa

Interior

Hot Water Electric

Flooring Ceramic Tile, Hardwood, Slate

Fireplaces Type Wood Burning

Appliance Dishwasher, Dryer, Electric Cooktop, HIS Microwave Hood, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked

Exterior

Parking Features Assigned

Utilities Available Electricity Available, Underground Utilities

View Y/N Yes

View Forest, Garden, Mountain(s), Ocean Horizon, Pasture

Topography Terraced

Garage No

Building

Sewer Cesspool, Septic Tank

Others

Ownership CPR

Acceptable Financing 1031 Exchange, Cash, Contract

Listing Terms 1031 Exchange, Cash, Contract

Special Listing Condition Fee Simple, Standard


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Hawaii Information Service (HIS)
Listed by eXp Realty

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agent

Travis Scott

+1(808) 333-1616

Big Island Realtor | License ID: RS-83053

Big Island Realtor License ID: RS-83053

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