703 Kihapai Place, Kailua, HI 96734

$3,200,000
List Price
$3,200,000
Status
ACTIVE
Type
Multifamily
MLS#
202027374
Days on Market
40
Land Area
12,000
Year Built
1956
Neighborhood
Coconut Grove
Land Tenure
FS - Fee Simple

Property Description

Attention Bill 7 Developers! Two side by side A2 zoned lots totaling 12sq/ft. Each lot has two duplexes giving you financing flexibility. 8 units total. Each unit is a 2bed/1bath. Average current rent is $1850/month. This location has beautiful mountain views and just blocks to Kailua town. 8 electric meters. One water meter per lot. TMK 1/4/3/058/040/0000 and TMK 1/4/3/058/041/0000 to be sold together. Income and expenses are approximate

Additional Information

Stories Type
One
Utilities
Cable, Internet, Overhead Electricity, Public Water
View
Marina/Canal, Mountain
Easements
None
Parking Total
8
Tenants Responsibilities Include
Electricity
Lot Size
12,000
Construction Materials
Above Ground, Single Wall, Wood Frame
Mls Area Major
Kailua
Neighborhood
Coconut Grove
Frontage
Stream/Canal
Year Built
1956
Tax Amount
$683
Total Income
177600
Sewer
Connected
Unit Two Bed Number Of
8
Roof
Composition
Recreation Facilities
None
Parking Features
Assigned
Lot Features
Other
Amenities
None
Total Annual Operating Expenses
43756

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Pacific Properties.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.