3198 WAWAE RD, KALAHEO, HI 96741

Property Description

Calmness and serenity located in the Lawai Valley Estates with 4 income producing units on one lot. Live in one unit and rent the others, the possibilities are endless! Property Highlights: * Upstairs Main Home * 1 Bed / 1 Full Bath - $2,850 / month, tenant pays additional 30% of monthly electric bill - Private yard and parking - Chimenea fireplace in living room * Downstairs Main Home * 4 Bed / 2 Full Baths - $5,400 / month, tenants pay additional 40% of monthly electric bill - Attached garage with access to half - Staircase leading to two half lofts - Enclosed lanai with chimenea fireplace - Private courtyard * Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath - $2,700 / month, tenant pays additional 20% of monthly electric bill - Located on the back left side of property - Open floorplan with ladder to bedroom loft - Private lanai with outdoor shower with private courtyard * Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath - $1950/ month, tenant pays additional 10% of monthly electric bill - Located on the back right side of the property - Screened in covered lanai overlooking the valley * 2nd half of Garage - Office Space or Storage Space * - $900 / month - Private entrance on back side - Possible use as extra storage, office space, or gym. > SELLER FINANCING AVAILABLE < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information! > Sold fully furnished. > By appointment only, please do not drive by or disturb tenants. > Seller would like new owner to consider up to a 2-year lease back for Caretakers Cottage and 2nd half of garage at $2,850 / month plus 10% of electricity. Seller could also help manage property and collect rents for reduced lease. > Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.