Harbor Lights #A105 in Harbor Lights - $199,000

MLS Entry Only--Do Not Call Agent. ***CASH SALE ONLY--No Exceptions, unit does not qualify for financing. Title Not Insurable due to Nonjudicial foreclosure that occurred in 2015, so title will be transferred via Quitclaim deed. Excellent investment opportunity for cash buyers looking for solid, reliable, and passive cash flow. The Seller has already done all the hard work to update the unit and find the best possible tenant to produce steady cash flow every month! No need for contractors or property managers, this unit is 100% turn key with cash flow starting day 1. Now you can scoop up this discounted unit as the perfect place to park some cash and make your money work for you! Completely Renovated top to bottom in 2020! Including Custom Quartz Countertops, Shaker Cabinets, Stainless Steel Appliances, Luxury Vinyl Plank Floors, Tile Shower, Plumbing and Electric, Vanities, Doors, Paint, Ceiling Fans, Fixtures, etc. This unit was gutted down to the studs and renovated thoroughly. HUD Tenant Occupied currently paying $1990/month plus electric, and there may be some room to increase, as HUD has been allowing regular rent increases. Excellent tenant is currently on Month-to-Month basis but would like to stay for many more years if buyer is willing to keep her. Seller participating in a 1031 Exchange. Buyer to do their own due diligence. Please select Twyla Kukahiko - TG Lahaina for escrow.

This property is listed by:
Maui Dowies Realty&Investments.

Listing data provided by:
The Maui Multiple Listing Service