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favorite this post $1150000 / 3br - 1391ft2 - A-2 zoned property | 2 dwellings | $5,500 monthly rental income hide this posting unhide

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156 Kihapai Street

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3BR / 4Ba 1391ft2 available jan 2

house
laundry on site
license info: Tony Groman (R), RB-22279 | Town and Country Real Estate, RB-22279, 1888 Kalakaua Ave, Suite C312, Honolulu, HI 96815
no smoking
carport

Rarely available investment opportunity in Kailua for A-2 ZONED property (Medium Density Apartments). Lots of possibilities and great rental income while you're doing your planning & permitting.

6,106 sq ft lot with two separate dwellings that have 3 RENTAL UNITS: The front dwelling has two 1 bedroom/1 bath units. The back dwelling is a 1 bedroom plus den/2 bath cottage. The tenants are on month-to-month leases, with a total rental income of $5,500/month. The property has 3 SEPARATE ELECTRIC METERS, and the tenants pay their own electricity and cable.

Walking distance to Kailua Town, restaurants, shops; short distance to Kailua Beach; easy access to H-3 and Pali Hwy.

By appointment only, please do not disturb the tenants. Pets on the property. Sold "AS IS".

MLS# 201723576. Also listed as Multi-Family.
  • do NOT contact me with unsolicited services or offers

post id: 6445664786

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