Linda McCabe and Erin McCabe with Coldwell Banker Island Properties
Hawaii Condo ManiaMLS: 202423607 $1,274,000
3 Bedrooms with 2.1 Baths599 KEOLU DRIVE #B
KAILUA HI 96734MLS: 202423607
Status: ACTIVE
List Price: $1,274,000
Price per SQFT: $742
Square Footage: 17163 Bedrooms
2.1 Baths
Year Built: 1973
Zip Code: 96734
Listing Remarks
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.
Address: 599 KEOLU DRIVE #B KAILUA HI 96734
Listing Courtesy of HAWAII LIFE
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
AREA: Kailua NEIGHBORHOOD: KUKILAKILA ARCHITECTURAL STYLE: Townhouse PROPERTY TYPE: Condo/Townhouse LAND TENURE: FS - Fee Simple HOA NAME: Kukilakila HOA FEES INCLUDE: Association, Maintenance, Other Common Expenses MAINTENANCE EXPENSE: $709 BUILDING NAME: Kukilakila AMENITIES: BBQ, Boat Dock, Club House, Community Association Pool, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Walking/Jogging Path, Wall/Fence UNIT FEATURES: Bedroom on 1st Level, Full Bath on 1st Floor, Multi Level, Storage, Yard INCLUSIONS: AC Split, AC Window Unit, Attic Fan, Auto Garage Door Opener, Cable TV, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater FULL BATHROOMS: 2 HALF BATHROOMS: 1 VIEW: Mountain, Sunrise, Sunset FLOORING: Ceramic Tile, Vinyl STORIES TYPE: Two PARKING FEATURES: Garage, Guest, Open - 2, Street PARKING TOTAL: 4 PROPERTY CONDITION: Excellent, Above Average LISTING AGENT: JON S MANN LISTING OFFICE: HAWAII LIFE LISTING CONTACT: (800) 370-3848
Estimated Monthly Payments
List Price: $1,274,000 20% Down Payment: $254,800 Loan Amount: $1,019,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $6,442 Estimate does not include taxes, fees, insurance.
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Property Location: 599 KEOLU DRIVE #B KAILUA HI 96734
This Listing
Active Listings Nearby
Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2024-11-21