Premier North Kihei Multi-Unit Investment Opportunity. Located in the highly desirable North Kihei corridor, this high-yield property at 52 Ohukai Rd offers a rare combination of immediate cash flow and prime beachside proximity. Just a three-minute walk from the golden sands of Mai Poina Beach Park, this 7,505 sq. ft. lot is zoned R2, supporting its current high-density configuration. The property is an investor’s dream, currently generating $7,300 in monthly rental income. With the owner currently residing in a one-bedroom, one-bathroom unit that adds $2,000 in rental potential, the total projected gross income reaches $9,300 per month. The infrastructure is purposefully designed for multi-unit success, featuring two electric meters and two dedicated laundry rooms to streamline utility management. The residence includes a spacious 4-bedroom main house with a built-in swimming pool and a private yard with mature fruit trees, as well as an Ohana with a full kitchen, all within a 3-minute walk to the beach. The home is strategically insulated and features large sliding doors, positioned to capture North Kihei’s consistent cross-breezes for year-round natural cooling. (Several photos have been virtually staged to provide spatial awareness.)
113 days
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62
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1
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joe Erlemann RS-77630808-283-9892,
Compass-W,
Robert F. Vafaie RB-19490808-269-3500,
Compass-W
Source: RAM,MLS#: 409295
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Primary bedroom
Level: Ground
Appliances
Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Solar Hot Water, Washer, Microwave
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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