139 Mehani Pl Kihei, HI 96753

3 Beds
2 Baths
3,981 Sqft
7,566 Sqft lot
0.17 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1978
Neighborhood: Waimahaihai
Days on Website: 125

Courtesy of Coldwell Banker Island Prop-Ku.

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.

Open House

Property Details and Features

  • "Dishwasher"
  • "Disposal"
  • "Dryer"
  • "Microwave"
  • "Range"
  • "Refrigerator"
  • "Washer"
  • 2 total bathrooms
  • 3 total bedrooms
  • Built in 1978
  • Building area total: 3,981
  • Living area: 3,981
  • Levels: "Two"
  • "Ceiling Fan(s)"
  • "TV Cable"
  • ListingID: 403228
  • Standard status: Active
  • Country: US
  • Waimahaihai
  • 0.1737 acres
  • 7,566 square feet
  • 2 carport spaces
  • 2 covered spaces
  • "Carport"
  • "None"
  • "Smoke/Heat Detector"
  • "Public Sewer"
  • "Phone Connected"
  • "Cable Connected"