Overview
Description
Rare opportunity to acquire an income-producing 6-unit apartment complex in the heart of historic Wailuku. This unique property, comprising of four separate buildings, offers a strong and consistent rental history with a projected Net Operating Income (NOI) of $106,800.00. The unit mix includes three (3) one-bedroom units and three (3) three-bedroom units, all currently tenant-occupied. Most units were updated between 2005–2006, with approximately half recently renovated between 2022–2025, providing a blend of modern upgrades and long-term stability. Property amenities include on-site parking (one stall per unit), coin-operated laundry generating additional income, a bike rack, and a shared barbecue area. The low-maintenance grounds make this an attractive, easy-to-manage investment. Ideally situated within walking distance to local shops, restaurants, theaters, and art galleries, and just minutes from the scenic beauty of ?Iao Valley State Monument, this property offers both convenience and lifestyle appeal. Select units enjoy mountain and ocean views. This is an exceptional opportunity to own a multi-family investment property in one of Maui’s most desirable and centrally located communities. Please do not disturb the tenants. Contact your favorite realtor for a showing!
- Principal and Interest
- Property Tax
- HOA fee