139 Mehani Pl in Kihei

MLS# 403228 - ACTIVE

$1,999,000 FS

3 Bedrooms

2 Bathrooms

3981 sqft

0.17 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.

View Condo Details / Site Map / Floor Plans / CMA (Active,Sold,Pending)

The Smith Team may represent you as a Buyer's Agent. Courtesy of at Cell: 808-463-7877 via The Maui Multiple Listing Service

Overview

Construction

Year Built: 1978

Remodeled: 2024

Land

Utilities

Phone Connected

Cable Connected

Public Sewer

Financials

Potential Short Sale: No

Listing Price: $1,999,000

Original Price: $1,999,000

Land Tenure: Fee Simple

Fees

Taxes per month: N/A

Public Records

Tax Key: #390330700000

Single Family Residence

Mountain/Ocean Views

Main House

Beds: 3

Bath: 2

Living Area: 3981 Sqft

Pool: No

Central A/C:

Stats

Status: ACTIVE

Days On Market:123

List Date:08/20/2024

Last Update:08/23/2024

Property Detail

Maui Real Estate Info

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