Welcome to one of the best investment property in all of South

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Home For Sale

139 Mehani Pl

Kihei, Hawaii 96753

Ocean View: Yes

Community: 

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$1,999,000 3 br, 2.0 bath 3981 sq. ft. 0.174 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 3981
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.174 acre
  • Lot Dimensions: 
  • View Types: Mountain, Ocean
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 403228
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Contact Information:
phone Call now 1-855-943-4259
Beach Home For Sale in Kihei, Hawaii
Listing Agent: Lina Duong, Coldwell Banker Island Properties, 808-463-7877, 808-875-7000 Listing Site, Listing Status: Active
Copyright © 2024 Realtors ® Association of Maui, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5283800
Viewed 41 times.
Updated: Aug 22, 2024

This property is a Home located at 139 Mehani Pl, Kihei, Hawaii 96753, and is currently For Sale at $1,999,000. This Home has 3 bedrooms, 2.0 baths, 3981 sq ft.