$1,495,000

Description

Premier North Kihei Multi-Unit Investment Opportunity. Located in the highly desirable North Kihei corridor, this high-yield property at 52 Ohukai Rd offers a rare combination of immediate cash flow and prime beachside proximity. Just a three-minute walk from the golden sands of Mai Poina Beach Park, this 7,505 sq. ft. lot is zoned R2, supporting its current high-density configuration. The property is an investor’s dream, currently generating $7,300 in monthly rental income. With the owner currently residing in a one-bedroom, one-bathroom unit that adds $2,000 in rental potential, the total projected gross income reaches $9,300 per month. The infrastructure is purposefully designed for multi-unit success, featuring two electric meters and two dedicated laundry rooms to streamline utility management. The residence includes a spacious 4-bedroom main house with a built-in swimming pool and a private yard with mature fruit trees, as well as a permitted Ohana with a full kitchen, all within a 3-minute walk to the beach. The home is strategically insulated and features large sliding doors, positioned to capture North Kihei’s consistent cross-breezes for year-round natural cooling.