703 Kihapai Pl

703 Kihapai Pl
Kailua, HI 96734

For Sale

Active

List Price

$2,050,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 4
3-Bed Units:: 0

Land Area (sf):: 6,000
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 5 - Open

MLS #:: 202401479
Island:: Oahu
Region:: Kailua
Neighborhood:: COCONUT GROVE
TMK:: 1-4-3-058-040-0000

List Date:: February 26, 2024

REMARKS:

A2 zoned 6, 000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Average rent per unit currently is approx $2, 169/month. Beautiful mountain views and Maunawilli stream frontage. Current monthly expenses: approx $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of funds/ pre-approval is requested prior to showing. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Please do not disturb the tenants. Also listed as Residential MLS #202404361.

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PROPERTY INFORMATION:

Zoning:: 12 - A-2 Medium Density Apartme
Furnished:: None

Year Built:: 1956
Year Remodeled:: 1990

FINANCIAL INFORMATION:

Assd. Val. Land:: $1,312,000
Assd. Val. Imprv:: $183,100
Assd. Val. Total:: $1,495,100

Tax Year:: 2024
Monthly Taxes:: $436
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other, Stream/Canal
View:: Mountain, Other
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Level
Number of Stories:: One
Building Style:: --
Property Condition:: Above Average, Average
Construction:: Above Ground, Single Wall
Roofing:: Composition
Floor Covering:: --

Disclosures:: 1031 Exchange, Call Listor, Licensed Owner, Listor Owner, Pet on Property, Property Disclosure Stmt
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: C&C

Compensation*:: 2
Compensation Type:: %

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, May 1, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Town and Country Real Estate