Beautiful Lower Waiehu property with multiple dwellings and fantastic rental possibilities, great for help on the mortgage payment. Built in 2009, this house and ohana offer multiple units and plenty of parking. Well appointed with high-end finishes and designed for low maintenance. No carpet, hardwood floors, real stone, and top-of-line fixtures. The ohana sits at the front of the lot, just across the street from the ocean. The living space for the ohana is on the second floor, with a large garage beneath. The main home is at the back of the property, featuring a creative design to maximize the living space. Both homes have ocean views and bright airy lanais. You're conveniently located next to shopping, restaurants, Waiehu Municipal Golf Course, and great ocean access. The property has owned photovoltaic on NET metering. The current rent roll for this property is $8,960. The proposed current market rents provided by a local property manager is $10,850, a solid income for the investor-minded buyer. We have complete Matterport walkthroughs for each unit available upon request. The property is also interim zoning that allows for expansion beyond what is currently built to maximize your ROI. The seller has stamped plans for the property plus the possibility of surplus water on the existing meter.
Residential
1950 E Vineyard St, Wailuku, HI
MLS® #400890
Listed By: Millennium Realty Inc
This Beautifully Remodeled Home And Cottage Sits In The Heart Of Historic Wailuku Town Located At 1950 East Vineyard Street. Take In The Beautiful Mountain Views, And Enjoy All This Home Has To Offer! This Business Multi Unit Property Means The Possibiliti...
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