Kaalaea Multi-Family

47-745 Kamehameha Highway, Kaneohe, Oahu 96744 Get Directions

$1,799,000

 

Lot Size Area
4,491 SqFt
Land Tenure
Fee Simple
MLS #
202423474
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Overview

Oceanfront 4-Plex Investment in Kaneohe! An exceptional investment opportunity awaits with this oceanfront 4-plex in Kaneohe, offering four 1-bedroom, 1-bathroom units, each with separate electric meters and outdoor storage. Fully rented and generating steady income, this property is perfect for investors seeking a turnkey opportunity in a prime location. With direct ocean access, tenants can enjoy kayaking, paddleboarding, and serene views of Kaneohe Bay. Seller intends to sell together with neighboring single-family home as a package, MLS 202423481, TMK: 1-4-7-017-013. Imagine waking up to the gentle sound of the ocean, enjoying serene sunrises over Kaneohe Bay, and having direct access to the water for kayaking, paddleboarding, or just relaxing by the shore. Conveniently located near shops, dining, and outdoor activities, this oceanfront package offers the best of Hawaii’s lifestyle and is an exceptional investment opportunity. Don’t miss your chance to own these prime oceanfront assets in one of Oahu’s most desirable areas! Click link for more pictures, videos and floor plans!

Property Details

Amenities
Other, Storage
Building Type
Fourplex, Multi Dwellings
Construction Materials
Above Ground
Neighborhood
Kaalaea
Net Operating Income
65298.91
Number Of Units Total
4
Parking Features
Assigned
Parking Total
4
Property Frontage
Ocean
Property Type
Multi-Family
Status
Active
Stories
1
Total Actual Rent
$10,885
Total Annual Operating Expenses
$32,666
Total Income
$97,965
View
Coastline, Ocean, Sunrise, Sunset
Year Built
1958
Year Remodeled
1988

Additional Property Info

Days on Market
48
Flood Zone
Zone AE
Property Condition
Excellent
Roof
Composition
Tax Amount
$434
Tax Assessed Value
$1,483,400
Tax Assessed Value Improvements
$825,200
Tax Assessed Value Land
$658,200
Topography
Level
Utilities
Gas, Overhead Electricity, Water
Zoning
05 - R-5 Residential District

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Vylla Home Courtesy of Rishi P Villon, Vylla Home.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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