Description
WIDOW IN EMOTIONAL DISTRESS. The property is just too overwhelming for her all by herself and wants to simplify her life. This property is PRICED TO SELL FAST less than 10 minutes to Makawao Town. Fix and quick flip or just an incredible investment. She and her late husband developed both houses on the property and planted all 1.95 lush tropical acres with many soaring Royal Palm trees (around 20+), 8 lychee, 3 mango, 5 avocado, 2 lemon, 1 lime, 2 starfruit, 2 egg custer, bananas, coconut palms and much more. This is upper Haiku and out of the heavy rain belt. There are ocean views, Haleakala views and some west Maui mountain views. Spectacular sun rises and the glow from the sunsets over the west Maui mountains. If there was ever the perfect country house with lots of additional income THIS IS IT!!!! Original owner since 1995. That which is the main house with 1,346 SF is now a single level duplex rental with two 2 bedroom 1 bath apartments. There are soaring high cathedral beamed ceilings like the main house. One apartment is rented for $1,800 per month and the other for $1600 so the total income from the duplex is $3400. The rents are below market. The owner is afraid to raise their rents and risk losing the tenants. The leases are month to month. The architecture is octagon. If you don't want rental income and want to live in the one level 4 bedroom 2 bath 1346 SF house the wall separating the two apartments can be removed and converted back to a single family house. Both houses have solar hot water and photo voltaic systems that are owned and not leased. One very large septic system services both houses. Both apartments split the electric bill as there is only one meter for the duplex. The owner of the property pays for all the water which is minimal. There is a fence that separates the two houses and each sits on approximately 42,471 sf of land. That which is the cottage with 916 SF on the upper level is actually the main house with a lower ground level 5 room 2 bedroom 1 bath apartment with 1,550 SF of living area. Right now the lower level is filled with furniture in every room. The upstairs level has dramatic 30' high vaulted skylit paneled beamed ceilings, real wood floors, real cherry wood cabinets, a mosaic inlaid tile design in the wood floor. French doors, big windows and tons of bright sunshine that flows into the house. 699 SF of wrap around deck (needs some work) with partial ocean and full mountain views. One of the two bedrooms has a loft. This is a once in a lifetime opportunity at this price. If you just want a rental property that could generate up to (possibly) $11,000 per month THIS IS IT!! In my opinion the one car garage is an eyesore and should be torn down as it detracts from the exterior architecture of the house. Visualize the dark brown house as a pale yellow with white trim.
