Sold or Expired Listing
MLS: 309637

Listing data updated: May 16, 2015 (MLS feed)
Asking Price: $1,800,000 Fee Simple

District: Kihei
City:
Street: 2173 S Iliili St
Beds: 0 Baths: 0
Land Area: 10,000 SF

Short-Term Rental Status

✓ Eligible under current county policy — verify for this unit — Minatoya Grandfathered List
Phase-out: Jan 1, 2031 (~4 years remaining)
Source: Maui County Minatoya List
Evidence date: Apr 26, 2023
Learn more about STR rules

Features: View, Across Street from Ocean
Days on Market: 7967

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This is a freestanding 8 unit building that has a condo map in place so the condos can be fixed up and sold off individually. Just 200 feet from Charley Young Beach on Iliili Street this is an opportunity for someone who knows how to remodel as these units are original. The four upstairs units have ocean views the four down have courtyards. You might be able to build a penthouse on the top of the building. Check with county. Covered parking. Gross income is $80,400 at 100% occupancy. Yearly expenses are $32,712.00 before debt service. All figures are approximate supplied by property manager. Run your comps and see what an approx 500 s.f. condo can sell for just steps to Cove Park and Charley Young Beach. Seller will entertain all reasonable offers. Requires 48 hours to show.

This information is believed to be accurate.
It has been provided by sources other than the Realtors Assoc. of Maui
and should not be relied upon without independent verification.
You should conduct your own investigation and consult
with appropriate professionals to determine the accuracy of the information provided
and to answer any questions concerning the property and structures located thereon.
Featured properties may or may not be listed by the office/agent presenting this brochure.

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