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Listed by Locations LLC

$ 599,000

Est. payment -/mo

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Active Under Contract

87-118 Alapaki ST Waianae, HI 96792

4 Beds

2 Baths

1,245 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,245 sqft

Price per Sqft $481

Subdivision Maili

MLS Listing ID 202505421

Style Detached,Multiplex

Bedrooms 4

Full Baths 2

Construction Status Average Condition

HOA Y/N No

Year Built 1942

Annual Tax Amount $2,031

Property Sub-Type Single Family Residence

Property Description

TWO DETACHED HOMES FOR THE PRICE OF ONE! LEGAL non-conforming Two-Homes-One-One-Lot property a stone's throw from beautiful, white-sand Tumblelands beach! Live in one and rent the other to help pay the mortgage. Both detached homes have newly painted exteriors and are located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Front home 916 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge lanai. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.

Location

State HI

County Oahu

Community Deck/Porch, Patio, Storage Facilities

Area Leeward

Interior

Interior Features Bedroom on Main Level, Full Bath on Main Level

Flooring Carpet, Laminate, Vinyl

Inclusions Disposal, Range/Oven, Refrigerator, Smoke Detector, Water Heater

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Driveway, Two Car Garage, Two Spaces, On Street

Garage Spaces 2.0

Garage Description 2.0

Fence Fenced, Wall

Pool None

Community Features Deck/Porch, Patio, Storage Facilities

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Sewer Available, Water Available

Waterfront Description Other

View Y/N Yes

View Mountain(s)

Total Parking Spaces 2

Building

Lot Description Cleared, Dead End, Interior Lot, Level

Entry Level One

Water Public

Architectural Style Detached, Multiplex

Level or Stories One

New Construction No

Construction Status Average Condition

Others

HOA Fee Include None

Tax ID 1-8-7-011-047-0000

Security Features Key Card Entry

Special Listing Condition None

Pets Allowed Call

Jeffrey Haynes

Agent | License ID: RS-80023

+1(808) 364-0681