3198 Wawae Rd is a $2,850,000, 2,400 square foot, 7 bedroom, 5.0 bath home on a 0.35 acre lot located in Kalaheo, HI.
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! <br><br>Property Highlights:<br>* Upstairs Main Home * 1 Bed / 1 Full Bath<br>- $2,850 / month, tenant pays additional 30% of monthly electric bill<br>- Private yard and parking <br>- Chimenea fireplace in living room<br><br>* Downstairs Main Home * 4 Bed / 2 Full Baths<br>- $5,400 / month, tenants pay additional 40% of monthly electric bill<br>- Attached garage with access to half<br>- Staircase leading to two half lofts<br>- Enclosed lanai with chimenea fireplace <br>- Private courtyard<br><br>* Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath<br>- $2,700 / month, tenant pays additional 20% of monthly electric bill <br>- Located on the back left side of property<br>- Open floorplan with ladder to bedroom loft<br>- Private lanai with outdoor shower with private courtyard <br><br>* Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath <br>- $1950/ month, tenant pays additional 10% of monthly electric bill <br>- Located on the back right side of the property<br>- Screened in covered lanai overlooking the valley<br><br>* 2nd half of Garage - Office Space or Storage Space *<br>- $900 / month<br>- Private entrance on back side<br>- Possible use as extra storage, office space, or gym.<br><br>> SELLER FINANCING AVAILABLE < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information!<br>> Sold fully furnished.<br>> By appointment only, please do not drive by or disturb tenants. <br>> 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.<br>> Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.
Above Grade Sqft | 2,400 |
# Half Bath | 0 |
# Full Bath | 3 |
Appliances | Dishwasher Electric Cooktop Microwave Microwave Hood Range Hood Range/Oven Refrigerator Dryer Stacked Washer/Dryer Washer |
Interior Features | Ceramic Tile Hardwood Slate Curtains |
Fireplace Types | Wood Burning |
Heating Types | Underground |
Parking Types | Assigned |
Exterior Features | Stucco/masonry Wooden Paved Terraced |
Views | Forest Garden Mountain Ocean Horizon Pasture |
Land Type | Fee Simple |
Water Source | Meter Installed |
Sewer | County-Charge Cesspool Septic |
Property Type | Multi-Family |
Style | Sale Type - Standard Sale |
Year Built | 2002 |
HOA Fee | $0.00 |
Taxes | $3,186.00 |
School District | koloa |
Neighborhood | Kalaheo Homesteads |
Financial Terms | 1031 Exchange Agreement of Sale Cash |
Based on information from the Hawaii Information Service., last updated 07/26/2024 at 07:29pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.