599 Keolu Drive #B, Kailua, HI 96734 (MLS # 202423607)
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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 |
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TRACT | KUKILAKILA | YEAR BUILT | 1973 |
COMMUNITY | Kailua | COUNTY | Oahu |
STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
Elementary School | Kaelepulu |
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Jr. High School | Kailua |
High School | Kailua |
PRICE HISTORY | |
Prior to Oct 19, '24 | $1,325,000 |
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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 |
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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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2024.