Description: Listed way below current appraisal of $4,000,000 copy in supplements. There are 10 older plantation style homes on this 7.929 acres.7 three bedroom and 3 two-bedroom homes. Lot is zoned AG-2 make this your family compound or keep them as rentals. Gross income approx. $192,000 per yr. Expenses approx. $67,000 per yr. Can't get you into the homes, would need to make an offer subject to sight inspection. Call listing agent to meet at the property. Inclusion is only water heater. All appliances (refrigerator, stove, washer, and/or dryer belong to tenant(s).
Description: RARE FIND! Super spacious units rented WAY under market located in the heart of Kaneohe just off Kamehameha Highway around the corner from Jack In The Box, blocks from District Park and situated right next to Kane`ohe Community park, tenants will be able to enjoy wide open spaces for recreation. Picturesquely sandwiched between the statuesque Ko`olau mountain range and the sparkling waters of Kane`ohe Bay. Close to restaurants, Windward Mall, with easy access to H-3 and the Likelike Hwy, this property’s desirable location means 100% occupancy with seasoned tenants. All tenants separately metered for electric, 2 buildings with 2 water meters, coin laundry, and 14 units (all two bedrooms) with 15 parking on almost 12,000sf of A-2 zoned land.
