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74-5096 Kumakani St

Kailua-Kona, HI 96740
  • $899,900
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 710599
UPDATED: 61 min ago
$899,900
  • 4
    BEDS
  • 0.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,704
    SQFT
  • $528
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1978
Area:

School Ratings & Info

Description

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.

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© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Hawai'i Real Estate. Data last updated: 2024-06-17T05:34:13.897.
www.hawaiidreamrealty.com/homes/150748836
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74-5096 Kumakani St Kailua-Kona, HI 96740

  • Price: $899,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 61 min ago
  • MLS #: 710599
4
Beds
3
Baths
0
½ Baths
0.18
Acres
1,704
SQFT
$528
$/SQFT
1978
Built
Neighborhood:
Kona Macadamia Acres
Area:
North Kona
Property Description
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.
Exterior Features

Carport Area Total 0 Exterior Area Total 0 Fence Rock/Stone Frontage Road/Street Garage Area Total 0 Land Tenure Fee Simple Lot Description Grassy Ocean Front No Pool No Roads PavedCountyCurbs/GuttersStreet Lights Topography Fairly LevelGentle Slope View CoastlineOcean

Interior Features

Floors Carpet

Property Features

Assessed Value 593400 Assessment Year 2023 Distressed Standard Sale Lava Zone 4 Lot Number 50 Monthly Association Fees 0.00 Oceanfront Unit N Phone Service CableCellLand Line Power OverheadSolar/Photovoltaic Property Type Residential Schools Kealakehe Sewer Cesspool Solid Waste Disposal Private Contractor Tax Key 374014050 Taxes 6586.74 Terms 1031 ExchangeCashConventionalFHAUSDA-Rural DevVA Tv Availability CableSatellite Vehicle Parking Covered Water County Zoning RS-7.5

Listing information © 2024 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of eXp Realty.


© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Hawai'i Real Estate. Data last updated: 2024-06-17T05:34:13.897.
 
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