95-1126 PUAALA PL #6 $800,000

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    95-1126 PUAALA PL #6 NAALEHU, HI 96772

    Sold
    SOLD 9/13/2019

    $800,000

    • 15 Beds
    • 12 Baths
    • 6,659 sq. ft.
    • Multi-Family
    • MLS# 621621
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    Views: 23

    Property Details

    Great investment opportunity! This property is comprised of 3 separate parcels of land with two units on each parcel. On each property there is a 3 bedroom/ 2 bath & a 2 bedroom/2 Bath, a two car carport creates additional privacy and separates the 2 units. All three properties to be sold simultaneously. A total of 15 bedrooms, 12 baths, with solid well screened tenants already in place. The property is easy care and low maintenance; Single level dwellings with tile floors throughout, excellent spacious floor plan, steel framed construction, well maintained properties. Located in picturesque Na'alehu town, near many tourist attractions such as South Point, Green Sands Beach, & Black Sands Beach. Bakery, gas stations and grocery store within walking distance. Clear, sunny blue skies and lovely temperature, county water and super safe lava zone 6! Income from all three parcels is $74,520 per year or $6210 per month. Current monthly expenses are $295.00 per parcel per month or $10,539 yearly expenses for all three. This includes real property taxes, insurance, water, septic pumping and yard care. Cap rate of 7.1% 12.73% is gross rent multiplier or grm. The Two other properties included in the sale: 3-9-5-9-23 & 3-9-5-9-24. Talk to your accountant about the three tax deductible Hawaiian vacations per year.

    • General Features
      • Location 95-1126 PUAALA PL
      • Taxes Annual $5,625
      • Year Built Maximum 1993
      • Year Built Minimum 1993
    • Building Features
      • Appliances Refrigerator, Range/Oven
      • Features Ceilings-9'+,CO2 detection,Exterior Lighting,Storage Area,Smoke/Heat Detector
      • Full Bathrooms 12
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Three-Qtr Bathrooms 0
      • TV Availability Cable
      • Interior Area Total 6,659
      • Pool N
      • Telephone Availability Cable, Cell, Land Line
    • Property Features
      • Land Area 28,380
      • Land Tenure Fee Simple
      • Oceanfront Parcel N
      • Power Overhead
      • Solid Waste Disposal Trash Other (remarks)
      • Topography Fairly Level

    Neighborhood

    96772 (NAALEHU) Demographics

    47 Median Age
    8 Population Density (per sq. mile)
    29% College Educated
    $41,856 Estimated Median Income
    609 Estimated Total Home Owners
    191 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,471 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $380,000 Median Sales Price
    5 Homes Sold
    5 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        9/13/2019 7:00:00 AM Sold Source New Value: $800,000
        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 6/5/2020 4:22:59 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100