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4br - 2650ft² - INCOME PROPERTY Ahualoa by Honokaa, 2 houses: Owner carry 2nd mortgage
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Property Description |
$1774 a month income coming in RIGHT NOW, with the main house unit vacant and waiting for you with a brand new gas stove, just installed ! Large Koa trimmed 3 ,bedroom 3 bath home rented for 15 years as two separate units, plus a separate 1 BD 1 BA rented cottage., on quiet beautiful shady Kahana Drive at the top of Ahualoa---as close to Waimea as you can get in Hamakua. And just 4 miles up the hill from Honokaa.
EASY TO PURCHASE: Put down 20%, and qualify for a bank loan.....or put down $60,000 and sellers may carry a $100,000 second mortgage at a reasonable rate of interest to qualified buyers, with the ban giving you a first mortgage. Let the rentals make the payments for you. Or buy for all cash. Purchase direct from owner, and receive a PINTO HORSE FOR EVERY FAMILY MEMBER!.
Owners will cooperate with licensed real estate broker. In addition to sales commission, agents may receive a young paint horse. Horses sold separately, priced from $1800 to $5500, colts, mares, or chestnut Doc Bar bred older stallion ($2900),
We have had the main unit vacated for the new buyers, but in the past we rented the two buildings for a total of $3000 a month. . If you live in the beautiful koa trimmed owners unit (one bedroom, den, sleeping loft, LR, Kitchen, 2 baths, office, and entry room) then you collect rent for the rest, presently rented for $1574. The pasture for horses is rented now for another $200 a month. THere are two fully fenced pastures with run in sheds. The soil is deep and rich, and our fruit trees are thriving. THe property is on county water, and there is electric service to the main house. Email us for an appointment. Leave name and number and we will call you back.
THe tenants need some notice. DO not just stop by and disturb the tenants. THey are renting month to month through December 31st, and aware that the property is for sale. Both couples would like to continue renting even in the event of a sale. THE OWNER UNIT IS BEING HELD VACANT FOR YOU!
We are thinking about listing it on Multiple with a new agency, who want us to spend $2000 on clean up and lawn mowing, and then price it at $625,000 to cover a 6% commission for them. We really would like to deal direct, save the commission, and do a regular escrow through a title company. THe only other house for sale in this neighborhood is priced at $1,200,000 plus. |
| Listing Status: |
For Sale |
| Property Type: |
Condo Townhouse |
| Price($): |
599136 |
| Street Address: |
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| City: |
Ahualoa |
| Region: |
Hawaii |
| ZIP/Postal Code: |
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| Bedrooms: |
4 |
| Bathrooms: |
4 |
| Stories: |
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| Square Feet: |
2650 |
| Lot Size: |
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| Year Built: |
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| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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