Rare opportunity in HOVE has just come on the market and it won't last long! This property includes 3 1B/1B homes on 1.6 Acres with a large workshop/garage and garden space all with ocean views. This means you could rent all 3 home for a total possible revenue of $3,600/mo or live in 1 home and rent the other 2 for a possible monthly income of $2,495/mo. Two of cottages are rented and 1 needs to be rebuild before it can be rented. This is only the beginning of the investment opportunities this property offers. <br><br>The homes on the property include a 600 sq. ft. 1B/1B built in 2018 with a lovely open lanai and beautiful ocean views, as well as an 850 sq.ft. home built in 2018 with a large garden space. There's plenty of room for chickens, a veggie garden or fruit trees, where you can really live off the land sustainably. The property runs off of solar with batteries and both properties have gas stoves and refrigerators ihcluded, and are fully tenant occupied. Immediate income. The third home has a potential to be rebuilt and it would be another 1B/1B with the same amenities and ocean views.<br><br>The workshop/garage is the perfect space for garden starters or a hobby shop. Being so close to the main highway one could sell locally grown products right off the land for more income.
For sale
Price cut: $39.5K (8/14)
$355,500
92-8412 King Kamehameha Blvd, Captain Cook, HI 96704
3beds
1,990sqft
Est.:
Single Family Residence
Built in 1965
1.63 Acres Lot
$349,700 Zestimate®
$179/sqft
$-- HOA
What's special
- 52 days
- on Zillow |
- 494 |
- 14 |
Likely to sell faster than
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