139 Mehani Pl, Kihei, HI

$1,999,000

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3

Beds

2

Baths

3,981

Square feet

0.17

Acres

About 139 Mehani Pl

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.

Features of 139 Mehani Pl

MLS® # 403228
Price $1,999,000
Bedrooms 3
Bathrooms 2.00
Square Footage 3,981
Land Tenure Fee Simple
Acres 0.17
Year Built 1978
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 139 Mehani Pl
Area Kihei
Subdivision Waimahaihai
City Kihei
State HI
Zip Code 96753

Amenities

Utilities Phone Connected, Cable Connected
Short Term Rental Allowed No
Parking Carport
View Mountain/Ocean
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features Ceiling Fan(s), TV Cable
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Fireplace No
Stories Two

Additional Information

Date Listed August 20th, 2024
Days on Market 114
Land Tenure Fee Simple
Short Sale No
RE / Bank Owned No
Monthly Maintenance Fees 0.00

Listing Details

OfficeColdwell Banker Island Prop-Ku
Contact InfoCell: 808-463-7877

Listing Map

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