$200,000 price reduction!!! Seller says sell! Get it before it's gone. Good income property, pro-forma rent-roll is $72,000/yr ($6,000/mo) with 5.5% cap rate on gross income. Property also qualifies for Bill 7 development! 2 houses, total of 4 units. Front house features 3 units (two 1-bedrooms, one 2-bedroom) plus a garage that has been converted to a very nice 3rd bedroom. Back house has a 1-bedroom unit. Individually metered, Separate laundry facilities and yard. Excellent and convenient location! Across from the famous Waiola Shave Ice, near Old Stadium Park, University of Hawaii, library, restaurants, schools, bus line, and supermarkets. Must see, won't last long! Please see supplements for Bill 7 initial budgetary numbers and past rent roll. Buyer to do their own due diligence. Non-conforming, number of bedrooms does not match tax record. *One or more photos have been "enhanced." Information is deemed reliable but not guaranteed. Copyright: 2015 by the HiCentral MLS, Ltd. IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The active listings on this site are listed by other REALTORS®. If you are interested in those listings, we may represent you as the buyer's agent. Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to conduct business in the State of Hawaii. | |||