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MLS: 705328 (Active - For Sale)
 
Asking Price: $2,700,000 Leasehold
Type: Residential
District: Kawaihau
Street: 4597 Lehua St
Neighborhood: Kapaa Town Lots
Beds: 3   Baths: 3
Living Area: 3,232 SF
Style: Attached
Land Area: 9,990 SF
Parking: Assigned,DE
Days on Market: 140
Year Built: 2004
Zoning: SPA-A
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $12,660,.21
Assessed Value: $1,471,100
Assessed Ratio: 183.54%
Listing Courtesy: eXp Realty
Terms Acceptable: Cash,Conventional
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All Homes For Sale in Kapaa Town Lots

Tri-plex, three 4 story town homes, downtown Kapaa. Investor opportunity.

This is a Leasehold property with 3 Vertical units comprised of 4 floors each.
All 3 units (rented at $3000, $3,500 and $3,000, and two garages (rented independently at $750.00 each) have a total gross income of $11,000.00 per month.

Each Unit comprises:
The Ground floor is a 2 car enclosed garage.
The 2nd Floor is the Kitchen/diningroom, full bath and lanai/bedroom or office
The 3rd Floor is the the large living room, bedroom and loft, with a lanai that leads to the 4th floor deck
The 4th Floor is a rooftop deck with 360 degree panoramic ocean and mountain views.
Total sq footage for all 3 units is 4,536.and is designated "live/work by the County of Kauai.
The building is located in downtown Kapaa, two blocks from the beach park and oceanfront bike/walking path.
Restaurants, coffee shops, grocery stores, banks, and public transportation are within walking distance.

A great opportunity for an investor or owner occupied with income.
Lease extends to 2083.


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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
12106703/24/200307/17/2003$335,000$295,000

2 Comparable Homes Sold in Kapaa Town Lots (Last 12 months)
Description List Date Sold Date List Price Sold Price
2 Bed 1 Bath04/14/202308/21/2023$659,000$659,000
3 Bed 3 Bath08/19/202211/20/2023$1,999,000$1,850,000
Average Price:  $1,254,500

 
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verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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