Welcome to this charming and profitable 4 Bedroom

3 Bathroom home that doubles as a versatile 3-Unit property. offering both functionality and potential for investment. Situated on a big 7811 sq. ft lot, you'll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit tres including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike. Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included and are accessible to all tenants on a pre-determined wash schedule for each unit.

UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B and C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property's appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on- street stalls conveniently located in front of the property. With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows: Unit A (March 2025) Unit B (August 2024) Unit C (May 2024) The desirable neighborhood of Kealakehe enjoy's the convenience of nearby amenities, including schools, shopping centers, restaurants and parks. all 5 minutes away or less. Enjoy the cool elevation, excellent Kona Sunsets, ocean views and quiet locale. Don't miss out on owning a versatile property with live-in potential while still providing a solid income.

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on 74-5096 Kumakani St
in Kailua Kona, HI
Presented by Shantell Otare at
eXp Realty.


Property MLS #710599 from HawaiiInformation

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+ Bedrooms

Bedrooms: 4

+ Bathrooms

Total Bathrooms: 3.0
Full Bathrooms: 3

+ Interior Features

Flooring: Carpet

+ Exterior and Lot Features

Fencing: Rock/Stone
Frontage Type: Road/Street
Road Frontage Type: Paved, County, Curbs/Gutters, Street Lights

+ Land Info

Lot Description: Grassy
Lot Size Acres: 0.1793159
Topography: Fairly Level, Gentle Slope
Lot Size Square Feet: 7811

+ Garage and Parking

Parking Features: Covered

+ Home Features

View: Coastline, Ocean

+ School Information

School District: Kealakehe
+ Display Complete School Details

Kealakehe Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

Kealakehe Intermediate School is a public middle school located approximately 0.3 miles away.
Map directions

Kealakehe High School is a public high school located approximately 1.2 miles away.
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Hualalai Academy is a private elementary, middle and high school located approximately 0.7 miles away.
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+ Other Property Info

Annual Tax Amount: 6586.74
Source Listing Status: Active
Source Property Type: Single Family
Area: North Kona
Source Neighborhood: KONA MACADAMIA ACRES
Subdivision: KONA MACADAMIA ACRES
Zoning: RS-7.5
Property Subtype: Residential
Lot Number: 50
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-21
$899,900
HawaiiInformation

+ Building and Construction

Total Square Feet Living: 1704
Year Built: 1978
Property Age: 46

+ Utilities

Sewer: Cesspool
Phone Access: Cable, Cell, Land Line
Power: Overhead, Solar/Photovoltaic
TV Access: Cable, Satellite
Water Source: County