***POTENTIAL, POTENTIAL, POTENTIAL*** Bottom 10 pictures are most current of the Ohana rental unit, lanai, yard, etc. The back yard is all nice grass now. Pictures aren't current but show most of the main house. Hillside vines in picture has been cleaned and now has a hedge and fruit trees. That hillside is part of the property also so you could build another large, lower level home going across that hillside, or you could add to the front yard, terrace gardens, etc. as well as more property to build in the back. The options are endless. It does not show the back yards for the main house and Ohana unit. Yard and house has been worked on since and painted so will put some updated ones up soon. Generational potential here. Conveniently located 3 Bed 2 Bath with an office and other area that can easily be another bedroom (we're using it as a master bedroom) private outside lanai on both main house and Ohana unit. There's seperate back yards for both the main house and the 800SF 2 room 1 bath Ohana unit that currently rents for a below average rental price of $1875/mo. and could easily get $2200-2500 in todays market. This home sits up the hill, away from flooding and Tsunami danger so you won't have to pay that insurance and is just a couple blocks to downtown Kapaa shops, bike path, hotels, beaches, schools, parks, hospitals, etc. This street is growing quick with newly built homes and Hauaala Village coming soon a few houses down which will bring property value way up, even more. Current owners enjoy waking up and walking the bike path with their kids for a beautiful sunrise, walking the path for sunset, enjoying all the growing restaurants & entertainment just walking or driving distance, surf, parks, etc. while also being off the highway and away from all the noise. This property has HUGE rental potential as it sits on .29 acreas & per the county, is available to have 3 (Yes 3) more units built on it. 1 unit they said can be built as big as you want and the other 2 can be up to 800SF making it an absolute rental investment dream, large estate or whatever you chose. I've done the math and the main house could easily, in todays market bring in $3500+. The Ohana unit, another $2250+ and if you just built 3 ,two BR cottages, those could bring in $2500/mo. each easily making this a $150,000+/yr profit money maker. Serious offers only. Bring your best offers. Buyer is responsible for doing their own DD.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
