Multi-Dwelling Property Ideal for House Hack or Long Term Investment

[Mark Waite]

Familiar with the saying "the sum is greater than the parts"? In this case, the sum being two homes, a pool cabana, a detached two-car garage and an in-ground pool. Try to take the parts and you'll find that you cannot beat the sum from a price perspective. Yes, some work is needed but you'll still be ahead with the sum. And, everything is fully permitted!

Set upon a 1.22-acre parcel, this rare find's structures are strategically positioned to offer unparalleled privacy for all. The main residence, a 3-bed, 2-bath home spanning 1569 square feet, featuring an attached two-car garage for added convenience. Adjacent is the charming "ohana," a second 3-bedroom, 2-bathroom dwelling with 1212 square feet of living space. Adding to the allure is the versatile "recreation building" which, in the past, has been used as a rental, complete with 1 bed, 1 bath, an office/2nd bed, and a loft area, offering an additional 750 square feet of living space. Completing the ensemble is a detached 2-car garage, offering ample storage and parking options.

The property is surrounded by upcountry conveniences, including the Haleakala Waldorf School, Kula School, Kula Community Complex, Kula Post Office, Kula Bistro, and Morihara Store.

Live in one house, rent the second one and the rec building out. Or rent all three out. There are a myriad of opportunities. Presently, the sellers have only the two homes rented out on month to month leases. 

Take a Video tour of the property