Residential Income in Makawao

$2,395,000

15 Olinda, 96768, Makawao, HI

Residential Income for sale in Makawao, 15 Olinda, 96768, 3019 m²

15 Olinda, 96768, Makawao, HI

$2,395,000

11Bed
8Bath
3019
Type: Residential Income

Description

Also listed under Residential MLS #409724. This unique multi-structure, multi-unit property offers a rare opportunity for investors seeking strong cash flow and long-term upside. Current rents total over $13, 000/month. There are 5 one bedroom units, and 3 two bedroom units. Situated on just over half an acre, the property features 4 separate structures with a total of 8 tenant-occupied units, creating an income-producing compound in one of Upcountry Maui’s most desirable locations. Tenants enjoy dedicated parking, on-site laundry, and the convenience of being moments from Makawao’s shops, restaurants, galleries, and local charm. Numerous improvements have already been completed, making this an attractive opportunity for an investor looking to step into an established rental property with immediate income potential. The property also has 3 water meters. Listing includes photos of one of the 8 units. A truly one-of-a-kind Upcountry investment property.

Location

15 Olinda, 96768, Makawao, HI

Data

Object TypeResidential Income
Purchase Price$2,395,000
Living Space3019 m²
Plot Size2175.23 m²
Bathrooms8
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

No energy information available

Contact Agent

Listing Agent