156 Kihapai Street

Kailua, HI 96734

MLS #

201709397

List Price

$1,285,000

Price Change

▼ $10,000 1498008383

Listing Status

ACTIVE

Property Type

Single Family Residential

Beds

3

Baths

4

Living Sq Ft

1,391

Land Tenure

FS

Neighborhood

Coconut Grove

Property Description

RARELY AVAILABLE INVESTMENT OPPORTUNITY in Kailua Town 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

View

Other

Amenities

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

Style

1 Bedroom Cottage, 2 Bedroom Cottage, Multiple Dwellings, Ohana Dwelling

Property Includes

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

Condition Property

Average, Fair

Year Built

1949

Elementary School

Kailua

Middle School

Kailua

High School

Kalaheo

property image property image property image property image property image property image property image property image property image property image

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Town and Country Real Estate, Tony Groman.

Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS® Oahu Real Estate listings last updated . Information is deemed reliable but not guaranteed. Copyright 2017 by the Honolulu Board of REALTORS® Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.