Listing: 202406802
Island: Oahu • Region: Kaneohe • Neighborhood: WAIHEE
Type: Multi-Family • MLS #: 202406802 • TMK: 1-4-7-027-004-0000
List Price: $2,850,000 (FS)
List Date: April 15, 2024
Street Address: 47-459 & 47-459A Mapele
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:
Bedrooms: --
Full Baths: --
Half Baths: --
Parking: 8
Land Area (sf): 141,570
Living (sf): --
Lanai (sf): --
Other (sf): --
Terms Accept.: 1031 Exchange, Cash, Conventional
Disclosures: Pet on Property, Property Disclosure Stmt, See Remarks
Furnished: --
Zoning: 52 - AG-2 General Agricultural
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.: --
Maintenance Fees: --/mo.
Association Fees: --/mo.
Other Fees: --/mo.
Land Tenure: Fee Simple
FeeOptions --
Lessor: --
Lease Rent: --/--
Next Step-Up: --/--
2nd Step-Up: --/--
Fee Purchase: --
Reneg Date: --
Lse Expires: --
Schools:
Other Property Features:
Unit: --
Frontage: --
View: Mountain
Parking: Covered
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: --
Possession: At Closing
Land Recorded: Regular System
Exclusions: --
Easements: Driveway, Electric, Other, Water
Set-Backs: Of Record
Compensation*: 2
Compensation Type: %
Broker Attribution: (808) 589-2040
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, May 2, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Corcoran Pacific Properties