630 Wailepo Street, Kailua, HI 96734

$1,099,000
List Price
$1,099,000
Status
ACTIVE
Type
Multifamily
MLS#
202001970
Price Change
▼ $91,000 1585029577
Days on Market
113
Land Area
4,962
Year Built
1948
Neighborhood
Coconut Grove
Land Tenure
FS - Fee Simple

Property Description

Excellent possibility to build a 4 story house, to redevelop under Bill 7, or apartment building redevelopment: buyer to do its own due diligence. Seller was approved by DPP wastewater/sewer to build 25 units—see dd file with your accepted offer! Flood elevation certificate also part of the dd package shows flood risk is relatively low and definable. Bring your Architect and explore what this lot can become! Located with ultimate walkability and convenience to Kailua Town on the corner of Wailepo and Kihapai, this level, rectangular lot has one 2 bedroom, 1 bath cottage with 2 parking spaces = some income while you work through the DPP process. Property is being sold As Is, Where Is.

Additional Information

Stories Type
One
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
View
Mountain
Easements
None
Parking Total
2
Tenants Responsibilities Include
Electricity, Water
Sqft Building
972
Lot Size
4,962
Construction Materials
Single Wall, Wood Frame
Mls Area Major
Kailua
Neighborhood
Coconut Grove
Frontage
Other
Furnished
Partial
Year Built
1948
Tax Amount
$262
Sewer
Connected
Unit Two Bed Number Of
1
Roof
Composition
Recreation Facilities
None
Parking Features
Covered
Lot Features
Clear
Amenities
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.