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8562-B ELEPAIO RD KEKAHA
Property

9 Bd  6 Ba  6,484 sf  0.4 ac

150 days

$1.2M  Market $882K

$7.5K rebate

Assessed$862K
Market$882K
2.3%
Asking$1.2M
  1. HI
  2. Kauai
  3. West Side
  4. Kekaha

8562-B ELEPAIO RD KEKAHA HI 96752

Rare opportunity to own a multi-unit rental property on the west side of Kauai. Located just one block from the beach and five minutes from historic Waimea town, this 17,344 square foot lot includes two homes which are currently divided into two rental units. Perfect for a large extended family, contract work, or a family compound.

The first home is 4,428 square feet, two stories and has 6 bedrooms: 3 bedrooms, two baths on each level. The lower level has new tile and vanities in both baths and has been freshly painted. The upstairs master has a large walk in closet. Both units have fireplaces and their own outdoor space.

The second 2,368 square foot townhouse consists of two stories with 3 bedrooms, two baths. The master bedroom, 1 3/4 bath and living room on the ground floor, and 2 more bedrooms, a full bath, kitchen and dining on the upper level.

Each unit is currently rented.
The 6 bedroom home is rented for $5,750 per month.
The second home/townhouse rents for $1,850 per month.

This is a rare opportunity to own income producing property on the west side. Minutes away from spectacular sunsets, surfing, Kokee State Park, Polihale, and all the west side has to offer!

Tenant occupied. Please give at least 48 hour notice to show.

Financial

Status
for sale
Market Value
$882,315
Asking Price
$1,200,000
Assessed Value
$862,200
Year Assessed
2021
Terms
1031 Exchange, Cash, Conventional, Federal Housing Administration (FHA)
Property Taxes
$432/mo
Parcel #
130100950000

The Basics

Status
For Sale
Property Type
House

Building

Property Type
House
Beds
9
Baths
6
Living Area
6,484 sf
Stories Number
2
Year Built
1975
Design
Concrete, Wood Frame
Waste Water
Cesspool
Water
Municipal
Power
Overhead
Trash Disposal
County-Charge

Land

Tenure
Fee Simple
Lot Number
142-
Lot Description
Grassy
Lot Size
0.4 acres (17,344 sf)
Elevation
No data
Latitude
21.9627404
Longitude
-159.70730803
Subdivision
KEKAHA HOUSE LOTS
Topography
Level
Roads
Paved
Zoning
R-4 - Residential District
Flood Zone
AE
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.

Parking

Vehicle Storage
Unassigned

Amenities

Flooring
Carpet, Laminate
Inclusions
Drapes, Dryer, Washing Machine, Refrigerator, Range/Oven
Features
Exterior Lighting
Fireplace
Wood Burning

MLS Data

MLS #
644660
Days on Market
150
Est. Commission
$30,000
Listing Agent
Kelly Morgan RS-77301
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-11-24