599 Keolu Drive #B, Kailua, HI 96734 (MLS # 202423607)

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PRICE $1,210,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 1,380 sqft
LOT SIZE 1,794.00 ac

Looking for an investment property with steady cash flow or an owner occupant property in great condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with 4 tenants on 12 month leases earning $8670 per month in gross monthly income; For the Owner Occupant, the seller will consider ending current leases early to facilitate owner occupancy for an acceptable offer. The property floorplan has been successfully modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. The unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot. HOA has 100% hurricane insurance. Seller to entertain pre-paying future maintenance fees for acceptably priced offers.

DAYS ON MARKET 75 LAST UPDATED 12/13/2024
TRACT KUKILAKILA YEAR BUILT 1973
COMMUNITY Kailua COUNTY Oahu
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Kaelepulu
Jr. High School Kailua
High School Kailua

PRICE HISTORY
Prior to Oct 19, '24 $1,325,000
Oct 19, '24 - Nov 11, '24 $1,299,000
Nov 11, '24 - Nov 22, '24 $1,274,000
Nov 22, '24 - Dec 13, '24 $1,225,000
Dec 13, '24 - Today $1,210,000


ADDITIONAL DETAILS
AMENITIES Maintenance Grounds, Maintenance Structure
AREA Kailua
GARAGE Yes
INTERIOR Storage
LOT 1794 acre(s)
POOL DESCRIPTION Heated
STORIES 2
STYLE MultiLevel
SUBDIVISION KUKILAKILA
TAXES 3759.96
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATERFRONT DESCRIPTION Other
ZONING 05 - R-5 Residential District
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Hawaii Life
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 12/21/24 11:00 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2024 by HiCentral MLS, Ltd.

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