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 < 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.

Interior Features
: Mountain, Forest, Garden, Ocean Horizon, Pasture
: Dishwasher, Microwave, Refrigerator, Range/oven, Range Hood, Microwave Hood, Electric Cooktop
Wood Burning
Ceramic Tile,Hardwood,Slate
832 Sqft
: Curtains
: Washer, Dryer, Stacked Washer/dryer
Exterior Features
: Wooden, Stucco/masonry
: Assigned
N
Terraced
Area Features
Underground
Paved
: Septic, Cesspool
: County-charge
Meter Installed
Financial
2002
: A
4240010770001
786300
$3,186
1031 Exchange,Cash,Agreement of Sale
2024
Address Map
KALAHEO
KALAHEO HOMESTEADS
96741
WAWAE RD
3198 WAWAE RD
: C T Condominium
: Koloa
Additional Details
Standard Sale
Fee Simple
05/02/2024 10:00:00
05/07/2024 18:30:20
41
Media
30
Listor
eXp Realty
David D Ower

Multi-family - 3198 WAWAE RD

3198 WAWAE RD, KALAHEO, 96741

7 Bedrooms
5 Bathrooms
$3,000,000
Listing ID #710567
Basic Details
Summary : 3198 WAWAE RD., KALAHEO, HI 96741
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 710567
Price : $3,000,000
Interior Area (Total) : 2,400 Sqft
Bedrooms : 7
Bathrooms : 5
Baths Full (Total) : 3
Baths 3/4 (Total) : 2
Land Area : 15,159 Sqft
Status : Active
QR Code
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Agent info
Team Mira
3147 Poipu Rd., Ste. 110B
Contact Agent