18-4025 Glenwood Rd, MOUNTAIN VIEW, HI 96771

$995,000
3
BD
3
BA
1,728
SqFt

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List Price
$995,000
Days on Market
0
MLS#
734060
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
3
Living Area
1,728
Land Tenure
Fee Simple
Neighborhood
Olaa Reservation Lots
Subdivision
Olaa Reservation Lots

Property Description

TREMENDOUS INCOME PRODUCING PROPERTY!! 5 RENTAL UNITS, WELL-MAINTAINED, IN PRISTENE CONDITION MANAGED BY 3 CONSTRUCTION PROFESSIONALS WITH VERY HIGH STANDARDS. THIS IS A "TURNKEY" OPERATION, READY TO PRODUCE INCOME IMMEDIATELY FOR THE FORTUNATE, NEW OWNER. EACH UNIT IS TASTEFULLY DESIGNED WITH TOP OF THE LINE, ARCHITECTUAL FLOORING, ACCENTED MOLDING AND TRIM, MAKING FOR AN INVITING STUDIO TO ALL WHO ENTER! EVERY UNIT HAS A MODERN BATHROOM WITH EXQUISITE FIXTURES, PAMPERING THE TENANTS IN A RELAXING ENVIRONMENT! PROPERTY DETAILS: $7,150. MONTHLY RENTAL INCOME! NOI : $78,544. CAP RATE : 7.89% $25,000. ROOFING CREDIT! POWER: SUBSTANTIAL! 200 AMP PANEL SUPPLY! NEW UPGRADED ROOF MAST! HAWAIIAN TELCOM HIGH-SPEED INTERNET PROVIDED TO EACH UNIT! $5,000. EARNEST MONEY DEPOSIT REQUIRED WITH ALL OFFERS. 1 OWNER WILL BE AVAILABLE FOR PROPERTY MANAGEMENT AND MAINTENANCE. FEE NEGOTIABLE. OLAA RANCH IS AVAILABLE TO THE NEW OWNER, OFFERING A SOLID PROPERTY ,10 BEAUTIFUL ACRES IN THE HAWAIIAN RAIN FOREST, WITH PROVEN INCOME!!

Additional Information

View
Forest
Zoning
A-5A
Lot Size
435,600
Water
Catchment
Frontage
Road/Street
Sewer
Cesspool
Topography
Gentle Slope
District
Puna
Year Built
1988

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Listing courtesy of Coldwell Banker Island Properties - Hilo.

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