15-1560 26th Ave, KEAAU, HI 96749

Property Description

Potential for over $95,000 a year in rental income! Whether you’re looking to live in one and rent out the rest, or are looking for an investment property, this multi-unit property is for you! This place is huge! With approximately 2,500 sq ft under the main roof, plus a detached 1bed/1bath unit, this property totals 2,830 sq ft. The layout includes: • Upstairs Unit: 3 bed / 2 bath main residence • Downstairs Unit A: 2 bed / 1 bath • Downstairs Unit B: 1 bed / 1 bath • Downstairs Laundry/Utility Room • Detached ADU: 1 bed / 1 bath *Each unit has its own separate access The main living unit is upstairs — a bright 3-bedroom, 2-bath home with approximately 1,350 sq ft of living space. Big living room windows bring in steady natural light, and a wrap-around lanai with custom herringbone railing extends the living area outdoors. The primary suite could function as a separate apartment, with its own exterior entrance, walk-in closet, sitting room, and ensuite bath. The kitchen has been transformed with new cabinetry, stone countertops, and stainless steel appliances. Both bathrooms have also been completely renovated with new vanities, lights, flooring, fixtures, and toilets. Other renovations include: • Updated electrical and plumbing connections • New lighting, switches, and receptacles throughout • New interior doors, trim, and baseboards • Extensive drywall repair and full interior repaint • Structural repairs, including framing and exterior wood restoration • Roof cleaned, treated, and coated • Exterior siding repaired and repainted **The property is served by a new covered 20,000-gallon catchment system, which is big enough to provide an ample water supply to all units on the property. This property is perfect for any investor seeking multiple income streams. With four rentable units and renovation work already completed, you just need to focus on occupancy and cash flow!