3198 Wawae Rd, KALAHEO, Hawaii

$2,700,000

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7

Beds

5

Baths

2,400

Square feet

0.35

Acres

About 3198 Wawae Rd

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 < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information! > 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.

Features of 3198 Wawae Rd

MLS® # 710567
Price $2,700,000
Bedrooms 7
Bathrooms 5.00
Full Baths 3
Square Footage 2,400
Acres 0.35
Type Multi-Family
Status Active

Community Information

Address 3198 Wawae Rd
Subdivision KALAHEO HOMESTEADS
City KALAHEO
State Hawaii
Zip Code 96741

Amenities

Parking Assigned
View Forest, Garden, Pasture, Ocean Horizon, Mountain
Has Pool No

Interior

Appliances Dishwasher, Electric Cooktop, Microwave Hood, Microwave, Refrigerator, Range/Oven, Range Hood
Fireplaces Wood Burning

Additional Information

Date Listed May 5th, 2024
Days on Market 254
Zoning A
Foreclosure No
Short Sale No

Listing Details

OfficeeXp Realty

Listing Map

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