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MLS: 667169 (Active - For Sale)
 
Asking Price: $1,899,000 Fee Simple
Type: Multi-Family
District: Kawaihau
Street: 4666 Hauaala Rd
Neighborhood: Kapaa Town Lots
Beds: 7   Baths: 6
Living Area: 3,696 SF
Land Area: 15,681 SF
Parking: Covered,Attached
Amenities: Smoke/Heat Detector
Days on Market: 502
Year Built: 1986
Easements: Cable,Electric,Telephone,Water
Zoning: R-10
Roads: County
Land Recorded: Regular
Property Taxes: $7,989
Assessed Value: $1,249,100
Assessed Ratio: 152.03%
Listing Courtesy: Kauai Exclusive Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA,Open,VA
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< All Multi-Family Homes For Sale in Kapaa Town Lots

Investor Opportunity! 2 buildings, 3 units, great location

Located on the North end of Kapaa town, out of both the flood and tsunami zone, a block from the beach. This property has 2 buildings with 2 addresses and 3 tenant occupied long-term rentals. The house closest to the street or front house is 2 stories. Upstairs, attached to the main house garage is a studio apartment with 2 separate entrances. The main house is a 3 bedroom, 2 bathroom, with attached garage and wrap around deck. There are ocean horizon views from the upstairs living room and deck. The interior could use upgrading. This building is managed by a property manager. Tenants have occupuied there 2 years.

The second building (or back house) is a 4 bedroom, 3 bathroom, with office and enclosed garage single family home. There are ocean horizon views from the master bedroom, second bedroom, and deck. The backyard adjoins State land. The interior could use updating. Tenant has occupied this building for 7 years.

This property is a block from Kapaa walk/bike path. It is walking distance shopping, restaurants, numerous food trucks, Kapaa swimming pool, and neighborhood center. It is a 5 minute or less drive to Kapaa elementary and high school, St. Catherine's preschool and elementary, Mahelona Hospital/Kauai East emergency clinic. It is a 10 minute or less drive to Kapaa beach park, Kapaa ball park, Kapaa Middle school, Kauai Athletic Club, Kapahi Park and Kealia beach. Convenient for families that enjoy sports and fitness. Turn right on to Kuhio Hwy and the Kapaa bypass road is on your immediate right. Keep going straight and you can access all the convenience of Kapaa town, shopping, dining, banks, post office, business support services, yoga, cross fit, hotels, and more. Turn left on to Kuhio Hwy and you will be at beautiful Kealia beach, or keep going and you will be on the North Shore in 30 minutes or less.


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