In-Person: 10/12 10:00 AM - 4:00 PMIn-Person: 10/13 10:00 AM - 4:00 PM
139 Mehani Pl , Kihei, HI 96753
Kihei, HI 96753
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.
Details
| MLS# | 403228 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Fee Simple |
| Status | ACTIVE |
| Year | 1978 |
| Days On Site | 51 |
| Listing Provided By | Coldwell Banker Island Prop-Ku | Lina Q Duong |
| Buyer Commission | 2.500 |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 3,981 |
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 0.17 |
| Property View | Yes |
Market Activity 96753
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Learn More About This Property
| Open House |
|---|
| In-Person 10/12 10:00 AM - 4:00 PM |
| In-Person 10/13 10:00 AM - 4:00 PM |
| State | HI |
|---|---|
| City | Kihei |
| Zip Code | 96753 |
| Area | Maui |
| Subarea | Kihei |
| Community Name | Waimahaihai |
| Listing VS Median (in Waimahaihai) | |
Price: $1,999,000 low | high Med: $1,462,000 SqFt: 3,981 low | high Med: 1,771 $ / SqFt: $502 low | high Med: $825 On Site: 51 low | high Med: 124.500000 | |