139 Mehani Place
Kihei, HI 96753
$1,999,000
Price
3
Beds
2
Baths
3,981 Sq. Ft.
$502 / Sq. Ft.
3,981
Sq. Ft.
$502
per Sq. Ft.
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...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 buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.
- Listed by Lina Duong • License #RS-85500 • Coldwell Banker Island Prop-KuP: (808)-463-7877 linaduong88@gmail.com
Property Details for 139 Mehani Place
Subdivision Name
Waimahaihai
ViewMountain/Ocean
Waterfront FeaturesNone
WaterfrontNo
LISTING UPDATED: 08/22/2024 03:58 PM
Property Details for 139 Mehani Place
| Status | Active |
|---|---|
| MLS # | 403228 |
| Days on Market | 2 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1978 |
| Lot Size | 0.17 AC / 7,566 SF |
| County | Maui County |
Building Information for 139 Mehani Place
Stories-Year Built1978Building Size-Lot Size0.17 AC / 7,566 SF
Property Information for 139 Mehani Place
Summary
Location and General Information
- Coordinates: -156.449368, 20.737086
- Latitude: 20.737086
- Longitude: -156.449368
- View YN: Yes
Parking
- Carport Spaces: 2.0
- Carport: Yes
- Covered Spaces: 2.0
- Parking Features: Carport
Property Information
Lot Information
- Building Area Total: 3981.0
- Building Area Units: Square Feet
- Living Area: 3981.0
- Lot Size Units: Acres
- MLS Area Major: Kihei
Property and Assessments
- Home Warranty: No
- Levels: Two
- Listing Terms: Cash, Conventional
- Security Features: Smoke/Heat Detector
- Year Built Effective: 2024
Utilities
- Sewer: Public Sewer
- Utilities: Phone Connected, Cable Connected
- Water: Public
Interior and Exterior Features
Exterior Features
- Exterior Finish: Double Wall
Interior Features
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Bathrooms: 2
- Fireplace: No
- Flooring: Vinyl
- Heating YN: No
- Interior Features: Ceiling Fan(s), TV Cable
- Additional Rooms: Dining Area, Dining Room, Eat-In Kitchen/Nook, Family Room, Laundry Room, Loft, Storage Room, Work Space
Property History for 139 Mehani Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 139 Mehani Place
Taxable ValueLand$687,900Additions$755,400Total$1,443,300
Tax Record2024$9,638 ($803 / month)
Home Facts
Beds3Baths2Total Finished SqFt3,981 SqFtAbove Grade Finished SqFt3,981 SqFtStories1Lot Size7,568 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1983ZoningR-2CountyMAUIAPN3-9-033-070
Schools near 139 Mehani Place
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Kamalii Elementary School PublicPK to 5 | ||
Lokelani Intermediate School Public6 to 8 | ||
Maui High School Public9 to 12 | ||
Kihei Public Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Island Prop-Ku, Lina Duong, License #RS-85500