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139 Mehani Pl

Kihei, HI 96753
  • $1,999,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 403228
UPDATED: 47 min ago
$1,999,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,981
    SQFT
  • $502
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1978
Area:
Land Tenure:
Fee Simple

School Ratings & Info

Listing provided courtesy of Coldwell Banker Island Prop-Ku: Cell: 808-463-7877.





Description

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.

Monthly Payment Calculator

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2024, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2024-11-08T10:06:12.603.
www.gmmauigroupre.com/homes/153863991
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139 Mehani Pl Kihei, HI 96753

  • Price: $1,999,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 47 min ago
  • MLS #: 403228
3
Beds
2
Baths
0
½ Baths
0.17
Acres
3,981
SQFT
$502
$/SQFT
1978
Built
Neighborhood:
Waimahaihai
Area:
Kihei
Property Description
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Covered Spaces 2 Parking Features Carport Pool No View Mountain/Ocean View YN Yes Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Fireplace YN No Interior Features Ceiling Fan(s)TV Cable Levels Two

Property Features

Home Warranty YN No Land Tenure Fee Simple Potential Short Sale No Property Sub Type Single Family Residence Security Features Smoke/Heat Detector Sewer Public Sewer Utilities Phone ConnectedCable Connected Water Source Public Zone 3

Listing provided courtesy of Coldwell Banker Island Prop-Ku: Cell: 808-463-7877.
Listing information © 2024 REALTORS® Association of Maui, Inc.
This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2024, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2024-11-08T10:06:12.603.
 
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GM Maui Group of Coldwell Banker Island Properties
3750 Wailea Alanui #A37
Wailea HI, 96753
Listing provided courtesy of Coldwell Banker Island Prop-Ku: Cell: 808-463-7877.