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SOLD
MLS: 635189
 
Asking Price: $1,325,000 Fee Simple
Sold Price: $1,268,000
Sold Date: 04/07/2021
Type: Residential
District: North Kona
Street: 75-241 Aloha Kona Dr
Neighborhood: Aloha Kona Subdivision
Beds: 7   Baths: 7 Full / 1 Half
Living Area: 3,104 SF
Style: Attached
Land Area: 7,501 SF
Parking: Assigned,Attached
Amenities: Ceilings-9'+,Built-in-Book Shelves,Community Laundry,Ceiling-Cathedral,Ceiling-Vaulted,Exterior Lighting,Landscaped,Sprinkler System-Lawn,Meeting Room,Mezzanine Office,Office,Recreation Area,Storage Area,Smoke/Heat Detector
Days on Market: 1585
(The Price of the property was lowered by $100,000 on 09/03/2020)
Year Built: 2013
Zoning: A-5A
Roads: County,Paved
Property Taxes: $6,310
Assessed Value: $747,700
Assessed Ratio: 177.21%
Listing Courtesy: Kona Real Estate Company
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA,VA
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5 Bed 6 1/2 Bath Large Home with garage and bonus rooms

Large house located on the Big Island of Hawaii in Kailua-Kona, The building is a three story income generating property containing five separate studio apartments with a private owner's apartment occupying the entire top floor. The building is located in a quiet residential neighborhood with panoramic views of the Pacific Ocean. The neighborhood is within walking distance of downtown Kailua-Kona with its quaint ocean front shops and restaurants. The building was professionally designed, fully permitted and constructed in 2012. The five studio apartments have been permitted and occupied as long-term rentals. THIRD FLOOR: The owner's apartment is 1700 sq. ft., providing two bedrooms located at opposite ends of the apartment Each bedroom suite with its own full bathroom. The remaining major spaces of the unit is open plan consisting of a designer kitchen with granite counter tops, dining area and living room. There is a separate laundry area in the master bedroom containing a full-size washer and dryer. SECOND FLOOR: This floor contains a fully enclosed entry foyer with a custom oak staircase leading to the owner's apartment on the third floor. On this floor there are (4) four separate studio rentals with private entrances to each unit. Each studio unit contains a full bathroom and kitchen area complete with sink, cabinets, microwave and refrigerator. These units are connected to a common service area that contains a laundry area with washer and dryer units. GROUND FLOOR: There is a (1) one studio apartment. Floor plan and amenities are similar to the second floor apartments. Also, on the ground floor is (1) one single car closed garage for the owner . Adjacent to the enclosed garage is a small fully enclosed maintenance/work room complete with a 3/4 bathroom and a small kitchen area with cabinets and sink. Each rental unit is assigned one onsite parking space. Sold turnkey furnished.


 
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