$1,325,000

75-241 Aloha Kona Dr

KAILUA-KONA HI, 96740

Description

Multi Family Apartment Building The house is located on the Big Island of Hawaii in Kailua-Kona, The building is a three story income generating property containing five separate studio apartments with a private owner's apartment occupying the entire top floor. The building is located in a quiet residential neighborhood with panoramic views of the Pacific Ocean. The neighborhood is within walking distance of downtown Kailua-Kona with its quaint ocean front shops and restaurants. The building was professionally designed, fully permitted and constructed in 2012. The five studio apartments have been permitted and occupied as long-term rentals. THIRD FLOOR: The owner's apartment is 1700 sq. ft., providing two bedrooms located at opposite ends of the apartment Each bedroom suite with its own full bathroom. The remaining major spaces of the unit is open plan consisting of a designer kitchen with granite counter tops, dining area and living room. There is a separate laundry area in the master bedroom containing a full-size washer and dryer. SECOND FLOOR: This floor contains a fully enclosed entry foyer with a custom oak staircase leading to the owner's apartment on the third floor. On this floor there are (4) four separate studio rentals with private entrances to each unit. Each studio unit contains a full bathroom and kitchen area complete with sink, cabinets, microwave and refrigerator. These units are connected to a common service area that contains a laundry area with washer and dryer units. GROUND FLOOR: There is a (1) one studio apartment. Floor plan and amenities are similar to the second floor apartments. Also, on the ground floor is (1) one single car closed garage for the owner . Adjacent to the enclosed garage is a small fully enclosed maintenance/work room complete with a 3/4 bathroom and a small kitchen area with cabinets and sink. Each rental unit is assigned one onsite parking space. Sold turnkey furnished.

Details

MLS#635189
Listing TypeFor Sale
StyleHouse
Sub-TypeFee Simple
StatusActive
Year2013
Days On Site24

Features

Bed(s)7
Bath(s)7 Full / 1 Half
SQ Feet3,104
Acreage0.17
Property ViewYes

Market Activity 96740

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Area Information
StateHI
CityKAILUA-KONA
Zip Code96740
AreaBig Island
Community NameALOHA KONA SUBDIVISION
Listing VS Median (in ALOHA KONA SUBDIVISION)
Price:
$1,325,000
low | high
Med:
$927,000
80.037735849057% of Average
SqFt:
3,104
low | high
Med:
2,064
83.505154639175% of Average
$ / SqFt:
$427
low | high
Med:
$472
39.489386792453% of Average
On Site:
24
low | high
Med:
17.5
100% of Average
Listing Updated: 09/26/2020
Arllen Matsuda LogoMLS Number: 635189
Listing Provided By:
Arllen Matsuda  of  Kona Real Estate Company

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