Located in the highly sought-after North Shore of Oahu, this exceptional property at 66-346 Paalaa Rd offers both immediate income potential and long-term development opportunities. Currently generating a strong $5,900 per month in rental income, the property is not only a great investment but also presents a fantastic chance for future development, given its expansive 43,865 square foot lot size (nearly 1 acre) and R-5 zoning. With a solid $5,900 in monthly rental income, this property provides reliable cash flow right from the start. Situated just minutes from the vibrant town of Haleiwa, the property offers access to world-famous beaches, surfing, local dining, shopping, and more, while still providing a peaceful, serene atmosphere. Surrounded by lush greenery, the property offers privacy and tranquility in one of Oahu’s most desirable locations. This property offers both immediate rental income and exciting possibilities for development. Whether you’re looking to enhance your investment portfolio or create something new in one of Hawaii’s most desirable areas, 66-346 Paalaa Road is the perfect choice.
311 days
|
232
|
2
|
Zillow last checked:
Listing updated:
Listed by:
Milly Lin808-258-9268,
Five Star Realty, Inc.,
Brian Chua808-255-3839,
Five Star Realty, Inc.
Source: HiCentral MLS,MLS#: 202521333
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3
Features
Flooring: Carpet
Interior area
Total structure area: 1,853
Total interior livable area: 1,853 sqft
Property
Parking
Total spaces: 5
Parking features: Three or more Spaces
Features
Levels: One
Stories: 1
Pool features: None
Has view: Yes
View description: Mountain(s)
Lot
Features: Cleared, Other
Topography: Sloping
Details
Parcel number: 1660160200000
Zoning description: 05 - R-5 Residential District
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Detached
Property subtype: Single Family Residence
Materials
Single Wall
Condition
Average Condition
New construction: No
Year built: 1961
Utilities & green energy
Water: Public
Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Water Available