167 Lower Waiehu Beach Rd in Wailuku - $1,850,000

Beautiful Lower Waiehu property with multiple dwellings and fantastic rental possibilities, great for help on the mortgage payment. Built in 2007, this house and ohana offer multiple units and plenty of parking. Beautifully appointed with high end finishes and designed for low maintenance. No carpet, hardwood floors, real stone and top of line fixtures. The ohana (great mortgage helper) sits at the front of the lot, just across the street from the ocean. The living space for the ohana is on the second floor, with a large garage beneath. The main home is at the back of the property, featuring creative design to maximize the living space on two levels. Both homes have ocean views and bright airy lanais. You're conveniently located next to shopping, restaurants, Waiehu Municipal Golf Course and great ocean access. The property has owned photovoltaic on NET metering. The current rent roll for this property is $6,850. The proposed market rents provided by a local property manager is $8,950,  a solid income for the investor-minded buyer. We have complete Matterport walkthroughs for each unit available upon request. The property is also interim zoning that allows for expansion beyond what is currently built to maximize your ROI. The seller has stamped plans for the property plus the possibility of surplus water on the existing meter.

This property is listed by:
Hawaii Life (W).

Listing data provided by:
The Maui Multiple Listing Service