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SOLD
MLS: 627420
 
Asking Price: $349,000 Fee Simple
Sold Price: $340,000
Sold Date: 11/20/2020
Type: Residential/Residential Condo
District: Waimea
Street: 4611 Menehune Rd
Neighborhood: Waimea Valley
Beds: 3   Baths: 1
Living Area: 1,134 SF
Style: Attached
Land Area: 3,113 SF
Parking: Other (remarks)
Days on Market: 1837
(The Price of the property was lowered by $21,000 on 07/30/2019)
Year Built: 1962
Zoning: R-4
Roads: State
Land Recorded: Regular
Property Taxes: $0
Assessed Value: $0
Listing Courtesy: KW Kauai
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA
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A mortgage would likely be - less than rent

Currently tenant occupied. Why rent when you can own?!
THIS PROPERTY IS ONE OF THE LOWEST PRICED HOMES ON KAUAI.
With a 0 Down USDA mortgage plus taxes and insurance that’s only $2,000 per month!!
If you’re an investor: At current Kauai rental-market rates, it has a potential of $2200.00 per month in rental income. An ROI investor return is likely to be around 7.3%.
Recently renovated and charming home located on the sunny and dry west side of Kauai. Centrally located in historic Waimea town and within walking distance from the ocean, markets, restaurants, banks and Waimea High School.
Total of 3 bedrooms and 1 bathroom and approximately 910 Sqft of living area & carport with several recent upgrades. The lot backs up to State of Hawaii lands, which means no neighbors in the back and a lot of potential for the back yard.
Sold "As Is". 1031 addendum needed for seller exchange.
Can be sold separate or together with 4603 Menehune Road (MLS #627421).


1031 addendum needed for seller exchange.
4611 Menehune rd: 3 bedroom 1.0 bath approximately 910 living area & carport

Painted interior/exterior
New Sheetrock on Ceilings - 2014
Totally rewired – 2013
New Ceiling Fans – 2014
New 3/4” plywood Sub-Floors – 2013
New Flooring throughout house
Kitchen totally gutted - Custom Built Cabinets, New Kitchen Sink, New Used Appliances (2014)
New Front Door - 2013
New Windows throughout home. - 2014
New Hot water heater - 2015
Full bathroom remodel - new bath tub, new vanity, new tile flooring
Partial Plumbing - 2014

Outside of Duplex

Driveway was dug and gravel installed – 2014
Concrete Sidewalks installed in backyard – 2014
New Fencing around backyard - 2014


 
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verified by the buyer. Information is deemed reliable but not guaranteed.
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