74-5096 KUMAKANI ST Kailua Kona, HI 96740

1 / 30

View all 30 Photos

Map

Welcome to this charming & profitable 4 Bedroom, 3 Bathroom home that doubles as a versatile 3-Unit property...offering both functionality and potential for investment. Situated on a spacious 7811 sq. ft lot, you'll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit trees including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike.Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included, and are accessible to all tenants on a pre-determined wash schedule for each unit.UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B & C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property's appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on-street stalls conveniently located in front of the property. With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows:Unit A (March 2025)Unit B (August 2024)Unit C (May 2024)The desirable neighborhood of Kealakehe enjoy's the convenience of nearby amenities, including schools, shopping centers, restaurants, and parks...all 5 minutes away or less. Enjoy the cool elevation, amazing Kona Sunsets, ocean views and quiet locale.Don't miss out on owning a versatile property with live-in potential while still providing a solid income.