1718 Lehua Pl

Wailuku, HI 96793

Here is great investment property opportunity in Wailuku. This property features a main house in the back and a detached Ohana/cottage in the front down a nice quiet no outlet street. The property is currently split into 4 separate units with 4 tenants. The main house is 1400 SF split into 2 units with a 700 SF one bedroom one bath downstairs and a 700 SF one bedroom one bathroom upstairs. The upstairs has a nice lanai deck area off the back and solar water heating. The main house also has a carport for 2 cars and a fully fenced yard with a huge Papaya tree. There are 2 apartment units in the front Ohana/cottage. One is a 3 bedroom, one bath and the other is a 1 bedroom, one bath. The front building is a little over 1400 SF and currently has a leased solar system that expires next year. All units are sub metered power. The county shows this as valid multi buildings however 2 of the units non conforming. Buyer and/or their agent should conduct their own due diligence in regards. Great rental income is being generated at almost a 8% cap rate. All units are currently occupied and all tenants have signed for another year or plan to. No lapses of rent during pandemic. Pictures taken before tenants occupied.

dave@buyandsellmaui.com