$1,999,000
Active
54 Days Online
3 Beds2 Baths3,981 SQFT
Active

139 Mehani Pl Kihei, HI 96753

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Welcome to one of the best investment property in all of South Maui. This rarely available turnkey presents a unique investment opportunity, featuring multiple rental units including a main house with four bedrooms and two and a half baths, an additional one-bedroom/one-bath unit and two(2) studios. The owner has undertaken comprehensive renovations, having demolished all illegal structures down to the studs, resulting in a truly brand new property. Spanning close to 4000 square feet, this residence boasts significant upgrades: a new roof equipped with a hot solar water heater, modern kitchens and baths with quartz countertops and brand new appliances. Moreover, all plumping and electrical systems are newly permitted and installed. The main house includes a spacious primary en-suite with an expansive lanai, ideal for indoor/outdoor living plus a spacious roof top deck showcase exquisite sunset views. Each of the remaining bedrooms is equipped with new AC units and ample storage. The one-bedroom unit and studios feature modern kitchens, baths, and bright interiors, while separated yard spaces provide privacy. Additionally, the property includes a large laundry room with two sets of coin-operated washers and dryers, along with off-street parking for all units. Pending after-the-fact permits with plans submitted to the county add to the property's value, making this an exceptional investment with promising long term cash flow potential and a high cap rate of return. Buyer and buyer agent are encouraged to conduct due diligence to fully appreciate this remarkable opportunity. Listing agent is seller.

  • Property TypeSingle Family Home
  • NeighborhoodKihei
  • CountyMaui
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site54 Days
  • MLS StatusActive
  • MLS ID Number403228
  • Home Size Source N/A
  • Year Built1978
  • Lot Size0.1737 Acres
  • Full Baths2
  • Partial BathsN/A

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