156 Kihapai Street

Kailua, HI 96734

MLS #

201723576

List Price

$1,150,000

Days on Market

6

Status

ACTIVE

Type

Single Family Residential

Bedrooms

3

Full Baths

4

Living Area

1,391

Sq Ft Total

1391

Land Area

6,106

Land Tenure

FS - Fee Simple

Neighborhood

Coconut Grove

Property Description

NEW PRICE! Rarely available INVESTMENT OPPORTUNITY in Kailua for A-2 ZONED property (Medium Density Apartments). Lots of possibilities and great rental income while you're doing your planning & permitting. The front dwelling has two 1 bedroom/1 bath units. The back dwelling is a 1 bedroom plus den/2 bath cottage. The tenants are on month-to-month leases, with a total rental income of $5,500/month. The property has 3 separate electric meters, and the tenants pay their own electricity and cable. Other exclusions - AC supplied by tenants. Short distance to Kailua Town and Kailua Beach; easy access to H-3 and Pali Hwy. By appointment only, please do not disturb the tenants. Pets on the property. TO BE SOLD "AS IS". Seller may participate in 1031 Exchange. Also listed as Multi-Family.

Additional Information

Stories Type

One

Utilities

Cable, Connected, Internet, Overhead Electricity, Public Water, Sewer Fee, Water

View

Other

Easements

None

Parking Total

4

Middle School

Kailua

Lot Size

6,106

Construction Materials

Above Ground, Single Wall

Pool Features

None

Mls Area Major

Kailua

Neighborhood

Coconut Grove

Year Built

1949

Tax Amount

$230

Inclusions

Cable TV, Ceiling Fan, Range/Oven, Refrigerator, Smoke Detector

Roof

Asphalt Shingle, Composition

Parking Features

3 Car+, Carport, Driveway, Street

Lot Features

Clear

High School

Kalaheo

Amenities

Bedroom on 1st Floor, Full Bath on 1st Floor, Maids/Guest Qrters, Wall/Fence

Style

1 Bedroom Cottage, 2 Bedroom Cottage, Detach Single Family, Multiple Dwellings

Elementary School

Kailua

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(808) 377-6508

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Listing courtesy of Town and Country Real Estate.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2017 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.