For sale
  • Price cut: $60K (11/6)
    $2,490,000

    3198 Wawae Rd, Kalaheo, HI 96741

    7beds
    2,400sqft
    : 
    Multi Family
    Built in 1995
    -- sqft lot
    $-- Zestimate®
    $1,038/sqft
    $-- HOA

    What's special

    Screened lanaiPrivate yardAttached garageChimenea fireplacesValley viewsOutdoor shower
    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/¾BA | $2,700/mo + 20% electric | Loft bedroom, outdoor shower, lanai * Caretaker’s Cottage + Half Garage Office/Storage – 1BD/¾BA + 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 ($249,000) 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.
    572 days
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