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139 Mehani Pl (Kihei)

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139 Mehani Pl, Kihei
Inquire / Showing / Video Tour
Description
Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and bu
Recent Activity
More Details
  • Price / ft²: $502
  • View: Mountain/Ocean
  • Security Features: Smoke/Heat Detector
  • TMK: 2390330700000
  • Courtesy: Coldwell Banker Island Prop-Ku / 808-463-7877
  • MLS: 403228
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other Kihei Homes
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$1,999,000
71 Hoohale St
4 Bds | 3 Ba
2,102 ft²
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$1,998,000
2755 Panepoo St
5 Bds | 4 Ba
2,336 ft²
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$1,950,000
221 Mahie Pl
3 Bds | 3 Ba
2,000 ft²
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$2,050,000
9 Moana Ave
3 Bds | 3 Ba
1,818 ft²
Other Kihei Homes
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$2,050,000
1571 Halama St
3 Bds | 2 Ba
1,768 ft²
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$1,945,000
31 Waikalani Hema Pl
3 Bds | 3 Ba
1,818 ft²
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$1,870,000
484 Hoala Dr
3 Bds | 3 Ba
2,160 ft²
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$2,195,000
145 Poailani Pl#26
3 Bds | 3 Ba
1,984 ft²
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$2,250,000
3126 Mapu Pl#52
3 Bds | 2 Ba
1,512 ft²
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$2,250,000
102 Umeke St
3 Bds | 3 Ba
2,443 ft²
  • Asking Price: $1,999,000
Description
Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and bu
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    Other Kihei Homes
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    $1,999,000
    71 Hoohale St
    4 Bds | 3 Ba
    2,102 ft²
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    $1,998,000
    2755 Panepoo St
    5 Bds | 4 Ba
    2,336 ft²
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    $1,950,000
    221 Mahie Pl
    3 Bds | 3 Ba
    2,000 ft²
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    $2,050,000
    9 Moana Ave
    3 Bds | 3 Ba
    1,818 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.