1031 Property of the Week-North Kihei Opportunity

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This property in the North Kihei area has three separate units in two structures. The custom built main house has a nice ocean view, central a/c, a great covered lanai for entertaining and more. There are three bedrooms inclduing a spacious master suite and two bathrooms. There is also a one bedroom/one bath guest suite with extra large bedroom, walk in closet and a non permitted kitchen and its own private lanai area. There is also a cute one bed/one detached cottage. It features its own deck, carport, w/d and a/c in the bedroom. The three units of the property are currently in long term rentals. The seller’s agent reports a rental income of $3,300 for the main house and an additional $1,050 for the cottage. The existing tenants are interested in staying at the property. This property is listed through Keller Williams Realty Maui for $869,000. This property sold! Contact The Maui Real Estate Team for assistance identifying other 1031 exchange properties.

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