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Key Facts

Type Four Or More Units
Levels Residential Income
Size 2400 sqft
Garage No
Maintenance Fees 
Taxes $3,186
Days Active 65
Approx. Age 1995
Avg. Price Per Sqft $1,062
MLS® Number 710567

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Property in Lawai Valley Estates – Seller Financing Available<BR><BR>Unique opportunity to own a serene, multi-unit property in Lawai Valley Estates with 4 permitted rental units + office/storage space on one lot. Live in one and rent the rest—or lease all for maximum income. Fully furnished and income ready.<BR><BR>Units & Rents:<BR><BR>* Upstairs Main Home – 1BD/1BA | $2, 850/mo + 30% electric | Private yard, fireplace<BR><BR>* Downstairs Main Home – 4BD/2BA | $5, 700/mo + 40% electric (additional $900/mo if rented to extra person per contract) | Attached garage (half), lofts, lanai, courtyard| Attached garage (half), lofts, lanai, courtyard<BR><BR>* Studio Cottage – 1BD/¾BA | $2, 700/mo + 20% electric | Loft bedroom, outdoor shower, lanai<BR><BR>* Caretaker’s Cottage + Half Garage Office/Storage – 1BD/¾BA + half of garage office/storage space | $2, 850/mo + 10% electric | Screened lanai, valley views, private rear entrance to office/storage<BR><BR>Financials:<BR><BR>Total Monthly Income: $14, 100–$15, 000<BR>Seller Financing Terms:<BR>10% Down ($255, 000)<BR>4.75% Interest<BR>Up to 5-Year Term<BR>Approx. P&I Payment: $11, 971.81/month<BR><BR>Additional Info:<BR><BR>- Fully furnished<BR>- Private courtyards and lanais<BR>- Chimenea fireplaces in main units<BR>- By appointment only – do not disturb tenants<BR>- Property does not match county records – buyer to verify<BR>- Seller requests leaseback of Caretaker’s Cottage + garage space for up to 2 years at $2, 850/mo + 10% electric; open to assisting with property management for reduced lease rate<BR><BR>Excellent investment opportunity with flexible use and immediate rental income in a lush Kauai valley setting.Show Description
MLS® Number710567
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1995
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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