Turnkey Investment Opportunity! This 3 bedroom, 1.5 bath, 2 story townhome was recently renovated in 2023, bringing in current rents of $2600 a month on a lease that expires 11/30/2025. Enjoy both a large, enclosed backyard with papaya and starfruit trees and an enclosed front yard with ample storage. Home is in close proximity to shopping, public transportation, restaurants, schools and beaches. Options to extend the lease to 12/31/2055 allow this leasehold property to receive traditional financing, bringing affordable home ownership and investing into reach. Submit your offer today and get on the path of owning your piece of paradise.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Furnished Description: Unfurnished
- Flooring: Ceramic Tile, Vinyl
Garage and Parking
- Parking Features: Assigned
- Parking Total: 2
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Hot Water, Sewer, Water
- Maintenance Expense: 286
Rental Info
- Lease Amount: 62.25
- Lease Expiration: 2030-08-26
Other Property Info
- Annual Tax Amount: 815.88
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: Ceiling Fan, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater
- Area: Leeward
- Property Subtype: condo
- Source Neighborhood: WAIANAE
- Parcel Number: 1-8-5-027-056-0000
- Postal City: Waianae
- Subdivision: WAIANAE
- Zoning Description: 05 - R-5 Residential District
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 951
- Year Built: 1974
- Building Area Total: 951
- Building Name: Ulu Wehi
- Construction Materials: Hollow Tile, Wood Frame
- Entry Level: 2
- Levels: Two
- Property Age: 51
- Property Condition: Average Condition, Excellent, Good Condition
- Levels or Stories: 2
- Structure Type: Townhouse
- House Style: Multi-Level
- Total Area Sqft: 951
- Year Built Effective: 2023
- Architectural Style: Multi-Level