MLS: 403228 (Active - For Sale)   Asking Price: $1,999,000 Fee Simple District: Kihei City: Kihei Street: 139 Mehani Pl Neighborhood: Waimahaihai Beds: 3   Baths: 2 Living Area: 3,981 SF Land Area: 7,566 SF Features: View Solar PV: None (Solar Size & Cost Calculator) Days on Market: 125

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Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.

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This property is listed by Coldwell Banker Island Prop-Ku 808-875-7000.
The Hansens may represent you as a Buyer's Representative.
 
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and should not be relied upon without independent verification.
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and to answer any questions concerning the property and structures located thereon.
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