Description
139 Mehani Pl,
Kihei,
HI
96753
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.
This is an Active listing.
Broker Office Phone Number: 808-875-7000
Copyright © 2024Realtors ® Association of Maui, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Coldwell Banker Island Prop-Ku via Data Source: Realtors ® Association of Maui, Inc.
Single Family
Property type
Price History
date | price | variance | type |
---|
8/20/2024 | $1,999,000 | - | Listed |
listing agent: Lina Duong