74-5096 KUMAKANI ST
KAILUA-KONA, HI 96740
$899,900
4 Beds
3 Baths
1,704 Sq Ft
Status Active
MLS# 710599
Welcome to this charming & profitable 4 Bedroom, 3 Bathroom home that doubles as a versatile 3-Unit property...offering both functionality and potential for investment. Situated on a spacious 7811 sq. ft lot, you'll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit trees including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike. Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included, and are accessible to all tenants on a pre-determined wash schedule for each unit. UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B & C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property's appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on-street stalls conveniently located in front of the property. With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows: Unit A (March 2025) Unit B (August 2024) Unit C (May 2024) The desirable neighborhood of Kealakehe enjoy's the convenience of nearby amenities, including schools, shopping centers, restaurants, and parks...all 5 minutes away or less. Enjoy the cool elevation, amazing Kona Sunsets, ocean views and quiet locale. Don't miss out on owning a versatile property with live-in potential while still providing a solid income.
Details for 74-5096 KUMAKANI ST
Built in 1978
$528 / Sq Ft
0 parking spaces
14 Days on website
0.18 acres lot