59-672 Kamehameha Highway, Haleiwa, HI 96712

$2,999,999
14
BD
7
BA
4,159
SqFt
List Price
$2,999,999
Status
ACTIVE
MLS#
202211630
Price Change
▼ $299,001 1657937172
Year Built
1943
Neighborhood
Sunset
Land Tenure
FS

Property Description

Immaculate multiple dwellings; Renovated in 2022 with high-end, luxury finishes. Two separate electric meters and a total of 116 owned PV Panels!!!The property is in the heart of North Shore, across from Shark's Cove and the start of the bike path to Log Cabins, Pipeline, and Rocky Point. Just a few minutes bike ride to Sunset Beach or a short walk to Waimea Bay. The location draws attention from tenants year round! Legal non-conforming 14 bedrooms and 7 full baths with R-5 zoning on over 10,0000 sqft lot with a total of 7 separate units, generates impressive rental income monthly. The zoning and lot size has the potential to CPR both homes! This is a one-of-a-kind property with ocean frontage, but without the ocean erosion issues and in Flood Zone X. The property has received permits to raise the back house 8ft and to the left to mimic the middle structure, which will provide ocean views from almost every unit and an extended carport and laundry room below. Ideal for investors with the potential to CPR. Don't miss out on this rare North Shore investment opportunity.

Additional Information

Amenities
Storage
TMK
15911250
Frontage
Waterfront
Year Built
1943
Easements
None
View
Coastline, Mountain, Ocean, Sunset
Property condition
Excellent

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of eXp Realty, Cassandra Borton.

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