Unique investment opportunity to own two buildings on one lot in a prime location within Kailua-Kona, allowing for walking distance to Kona's many shops, restaurants, grocery stores, and Ali'i Drive! This property offers the unique advantage of being situated on a desirable corner lot, Lamaokeola Street and Alakai Street, providing a sense of space and enhanced privacy with fewer direct neighbors and ample natural light. Each building features vaulted ceilings, plenty of windows, and a layout of three bedrooms and three bathrooms divided into three separate units, each with its own private bathroom. One unit in each building offers a larger floor plan, a bedroom, and a fully permitted kitchen. The other two units are studio-style spaces with a loft. Each unit also has its own lanai, providing a private outdoor area. All units are conveniently accessed from a shared hallway, where a coin-operated washer and dryer are located. The North building features a one-car garage and a larger storage area under the house that has the potential to be converted into a carport area. Interior photos show one vacant unit, but there are three other units that have the same floor plan. Two units have larger floor plans with a bedroom, loft, and a full kitchen (not photoed). The existing tenants would like to stay. No trespassing. Showings by appointment only. - The information herein, though deemed reliable, may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and Buyers must independently verify any info they deem material or important to their purchase. Schedule a Private Showing

Listing courtesy of HISMLS / COMPASS

Last checked: Checking… • Last updated Jan 20, 2025 • Source: HISMLS

MLS# 716873 — Report a problem