15 Olinda Rd, Makawao, HI 96768
- $2,395,000
- 5
- BD
- 4
- BA
- 1,191
- SqFt
- List Price
- $2,395,000
- Days on Market
- 62
- MLS#
- 409724
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,191
- Acres
- 0.54
- Land Tenure
- Fee Simple
- Neighborhood
- Makawao/Olinda/Haliimaile
Property Description
This unique multi-unit property (4 structures, 8 units) offers a rare opportunity for investors seeking strong cash flow and long-term upside. There are 5 one bedroom units, and 3 two bedroom units. Situated on just over half an acre, the property features four separate structures with a total of eight tenant-occupied units, creating an income-producing compound in one of Upcountry Maui’s most desirable locations. Tenants enjoy dedicated parking, on-site laundry, and the convenience of being moments from Makawao’s shops, restaurants, galleries, and local charm. Numerous improvements have already been completed, making this an attractive opportunity for an investor looking to step into an established rental property with immediate income potential. The property also has 3 water meters. Listing includes photos of one of the 8 units. A truly one-of-a-kind upcountry investment property.
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Additional Information
- View
- Mountain(s)
- Zoning
- R-3
- Lot Size
- 23,414
- Water
- County Water Meter Ins
- Sewer
- Septic Tank
- District
- Makawao/Olinda/Haliimaile
- Year Built
- 1984
- Ohana Year Built
- 1951
- Ohana Beds
- 2
- Ohana Living Area SqFt
- 626
- Waterfront
- None
Mortgage Calculator
Listing courtesy of eXp Realty.
This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.
Contact: Cell: 808-707-0504