Description
RARE TRI-PLEX INCOME PROPERTY! Hard-working rental property + detached shop / garage. Do the math: TWO separate 1 bedroom apartments downstairs + a 3 bedroom / 2 bathroom apartment upstairs + 3 electric meters + 2 laundry centers + over-sized septic system = steady, easy income! Just over $7000 / month, not including the shop. Rent Roll available. Rent all 3 units OR live in one and rent the other 2. You've got options. Maintained in very good condition, home had a new roof and gutters in 2018. One unit just welcomed a new Tenant and other 2 Tenants have lived here for years, so would love to stay. Built-in income on the day of closing. Detached 21' X 28' shop / garage is 588 square feet of enviable man cave / she shed / workshop / hobby room. What could you do with that? It has it's own electric meter and outdoor shower. Ultra-convenient location is a short walk or easy flat-land bike ride to the beach, Kapaa Town, schools, churches, Chicken In A Barrel, and other restaurants! Kauai is so amazing, lots of people want to live here, so its not easy to find a property on the island that pencils out.
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4BEDS
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0.2ACRES
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4BATHS
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01/2 BATHS
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2,864SQFT
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$463$/SQFT
School Ratings & Info
Description
RARE TRI-PLEX INCOME PROPERTY! Hard-working rental property + detached shop / garage. Do the math: TWO separate 1 bedroom apartments downstairs + a 3 bedroom / 2 bathroom apartment upstairs + 3 electric meters + 2 laundry centers + over-sized septic system = steady, easy income! Just over $7000 / month, not including the shop. Rent Roll available. Rent all 3 units OR live in one and rent the other 2. You've got options. Maintained in very good condition, home had a new roof and gutters in 2018. One unit just welcomed a new Tenant and other 2 Tenants have lived here for years, so would love to stay. Built-in income on the day of closing. Detached 21' X 28' shop / garage is 588 square feet of enviable man cave / she shed / workshop / hobby room. What could you do with that? It has it's own electric meter and outdoor shower. Ultra-convenient location is a short walk or easy flat-land bike ride to the beach, Kapaa Town, schools, churches, Chicken In A Barrel, and other restaurants! Kauai is so amazing, lots of people want to live here, so its not easy to find a property on the island that pencils out.
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