74-5096 KUMAKANI ST KAILUA-KONA, HI 96740

  • $899,900
Kailua Kona, North Kona
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1978
  • Year Built
  • 1704
  • sqft
  • 7811
  • Lot sqft
  • KONA MACADAMIA ACRES
  • Subdivision
  • 710599
  • MLS#
For Sale
74-5096 KUMAKANI ST KAILUA-KONA, HI 96740
Kailua Kona, North Kona
  • $899,900

Description

Welcome to this charming & profitable 4 Bedroom, 3 Bathroom home that doubles as a versatile 3-Unit property…offering both functionality and potential for investment.

Situated on a spacious 7811 sq. ft lot, you’ll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit trees including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike.

Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included, and are accessible to all tenants on a pre-determined wash schedule for each unit.

UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B & C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property’s appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on-street stalls conveniently located in front of the property.

With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows:
Unit A (March 2025)
Unit B (August 2024)
Unit C (May 2024)

The desirable neighborhood of Kealakehe enjoy’s the convenience of nearby amenities, including schools, shopping centers, restaurants, and parks…all 5 minutes away or less. Enjoy the cool elevation, amazing Kona Sunsets, ocean views and quiet locale.

Don’t miss out on owning a versatile property with live-in potential while still providing a solid income.

  • Address 74-5096 KUMAKANI ST KAILUA-KONA, HI 96740
  • City Kailua Kona
  • Zip/Postal Code 96740
  • Area North Kona

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Details

Updated on June 6, 2024 at 12:21 am
  • Price: $899,900
  • Interior Space: 1704 sqft
  • Land Area: 7811 sqft
  • Bedrooms: 4
  • Bathrooms: 3
  • Year Built: 1978
  • Property Type: Residential
  • Property Status: For Sale
  • MLS#: 710599
  • Office Name: EXP REALTY
  • MLS Status: Active
  • Subdivision: KONA MACADAMIA ACRES
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Contact Penn Henderson - Kona Realtor in Hawaii
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Contact Penn Henderson - Kona Realtor in Hawaii
Mahalo for dropping by!

Need help with your search?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

Let's Get Started

Feel free to reach out anytime!