47-459 & 47-459A Mapele Rd
Kaneohe, HI 96744

For Sale
Active
List Price
$2,850,000 (FS)

Upcoming Open House Events:

PUBLIC:
Sunday, May 5, 2024 2:00 PM - 5:00 PM
This is an online event. To attend, please visit:
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
1
3-Bed Units:
3
Land Area (sf):
141,570
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
8 - Covered
MLS #:
202406802
Island:
Oahu
Region:
Kaneohe
Neighborhood:
WAIHEE
TMK:
1-4-7-027-004-0000
List Date:

REMARKS:

Discover an exceptional opportunity to own over 3 acres of lush green surroundings enveloping a tropical garden paradise. This property boasts four units, each occupied by long-term tenants, ensuring a stable monthly income exceeding $14, 000. Between 2022 and 2023, three of the homes have undergone complete remodeling, including roof on duplex, while one has been partially renovated. Enjoy the tranquility of a beautiful private fenced yard adorned with majestic trees, vibrant tropical flowers, and an assortment of fruit-bearing plants. Whether you're seeking a profitable investment or a serene retreat, this property offers the perfect blend of income potential and natural beauty. Sale includes both TMK 1-4-7-27-4 (47-459 and 47-459A Mapele) 3 acres, AG-2, TMK 1-4-7-27-5 (47-449A and 47-449B) .25 acres, R-5. Front home 47-459 Mapele: 928 sq ft, 3/2, 2 car carport. Second home 47-459A Mapele:1, 200 sf ft, 3/2, 2 car carport. 47-449A Mapele: 1, 080 sq ft, 3/2, 2 car carport. 47-449B Mapele: 540 sq ft, 2/1, 2 car carport. These are attached and have a driveway easement and are within TMK 1-4-7-27-4. Property will be sold As Is. Please do not disturb tenants.

PROPERTY INFORMATION:

Zoning:
52 - AG-2 General Agricultural
Furnished:
--
Year Built:
1958
Year Remodeled:
2023

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,003,600
Assd. Val. Imprv:
$84,600
Assd. Val. Total:
$1,088,200
Tax Year:
2024
Monthly Taxes:
$515
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Mountain
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Irregular
Topography:
Gentle Slope
Number of Stories:
One
Building Style:
--
Property Condition:
Excellent, Above Average
Construction:
Single Wall
Roofing:
Asphalt Shingle
Floor Covering:
--
Disclosures:
Pet on Property, Property Disclosure Stmt, See Remarks
Possession:
At Closing
Terms Accept.:
1031 Exchange, Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
Driveway
Set-Backs:
Of Record
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 Tuesday, April 30, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Corcoran Pacific Properties