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3198 Wawae Rd

Lawai HI 96741

7
5
2400 sq. ft.
Other
Currently for sale - view listing

Overview

Calmness and serenity located in the Lawai Valley Estates with 4 income producing units on one lot. Live in one unit and rent the others, the possibilities are endless! <br><br>Property Highlights:<br>* Upstairs Main Home * 1 Bed / 1 Full Bath<br>- $2, 850 / month, tenant pays additional 30% of monthly electric bill<br>- Private yard and parking <br>- Chimenea fireplace in living room<br><br>* Downstairs Main Home * 4 Bed / 2 Full Baths<br>- $5, 400 / month, tenants pay additional 40% of monthly electric bill<br>- Attached garage with access to half<br>- Staircase leading to two half lofts<br>- Enclosed lanai with chimenea fireplace <br>- Private courtyard<br><br>* Private Cottage Studio * 1 Bed / 1 (3Qrt) Bath<br>- $2, 700 / month, tenant pays additional 20% of monthly electric bill <br>- Located on the back left side of property<br>- Open floorplan with ladder to bedroom loft<br>- Private lanai with outdoor shower with private courtyard <br><br>* Caretakers Cottage * 1 Bed / 1 (3Qrt) Bath <br>- $1950/ month, tenant pays additional 10% of monthly electric bill <br>- Located on the back right side of the property<br>- Screened in covered lanai overlooking the valley<br><br>* 2nd half of Garage - Office Space or Storage Space *<br>- $900 / month<br>- Private entrance on back side<br>- Possible use as extra storage, office space, or gym.<br><br>> SELLER FINANCING AVAILABLE < Incredible opportunity with attractive seller financing with down payment of 10%. Please inquire for more information!<br>> Sold fully furnished.<br>> By appointment only, please do not drive by or disturb tenants. <br>> Seller would like new owner to consider up to a 2-year lease back for Caretakers Cottage and 2nd half of garage at $2, 850 / month plus 10% of electricity. Seller could also help manage property and collect rents for reduced lease.<br>> Property does not accurately match county records. Currently used as a non-conforming use rental property. Buyer to do their own due diligence.

Features

7 bedrooms
5 bathrooms
2400 sq. ft. floor area
Other

Property history for 3198 Wawae Rd

2013
Sold
$720,644
14 Feb 2013

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