139 Mehani Pl
Kihei, HI 96753
- 3 beds
- 2 baths
- 3,981 sqft
- 7,566 sqft lot
- $502 per sqft
- 1978 build
Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.
Listing courtesy of RAM_MLS / Coldwell Banker Island Prop-Ku
Last checked:
Checking…
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Last updated Nov 19, 2024
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MLS# 403228 —
The Building
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Year Built:1978
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Year Built Effective:2024
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Levels:Two
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Security Features:Smoke/Heat Detector
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Building Area Total:3981
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s), TV Cable
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Fireplace:false
Room Dimensions
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Living Area:3981
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Living Area Units:Square Feet
The Property
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View:Mountain/Ocean
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View:true
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Parcel Number:2390330700000
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Property Type:Residential
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Property Subtype:Single Family Residence
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Lot Size Area:0.1737
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Lot Size Acres:0.1737
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Lot Size SqFt:7566
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Lot Size Units:Acres
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Waterfront:false
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Waterfront Features:None
Listing Agent
- Contact info:
- Agent phone:
- (808) 875-7000
- Office phone:
- (808) 875-7000
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
The Listing
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Home Warranty:false
Utilities
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Utilities:Phone Connected, Cable Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
The Community
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Subdivision Name:Waimahaihai
Parking
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Carport:true
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Carport Spaces:2
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Covered Spaces:2
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Parking Features:Carport
Monthly cost estimate
Asking price
$1,999,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,704
|
Taxes | N/A |
Insurance | $549 |
Utilities | $400 See report |
Total | $11,653/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/20/24
Aug 20, 2024
|
Listed / Active | RAM_MLS | $1,999,000 | 148.9% |
9/5/23
Sep 5, 2023
|
RAM_MLS | $803,000 |