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Opportunity for long-term rentals

By Staff | Nov 13, 2014
This ten-bedroom, five-bath residence is located in the heart of Lahaina Town.
The home for sale at 438 Wainee St. is close to Lahaina Aquatic Center and “Shark Pit.”

LAHAINA – Located in the heart of Lahaina Town is 438 Wainee St., a ten-bedroom, five-bath residence. It is in the Kauaula subdivision and is close to the aquatic center, Lahaina Recreation Center park, the harbor and the beach and surf spot the locals call “Shark Pit.” The home is approximately 3,924 square feet of living area on a 7,624-square-foot lot per Maui County records.

The house has a 100 percent occupancy, and there are many possibilities to grow this investment. The tenants are hardworking people who are eager to stay on once the property is sold. There is a coin-operated washer/dryer for the tenants. The 2014 property taxes are $3,990.

Looking for a steady return on your investment? Make an appointment to view this great opportunity today! The home is offered at $965,000. Contact Mike and Nancy Montoya at Whalers Realty Inc. Call or text us at (808) 250-5073 or e-mail us at nmontoya@ whalersrealty.com.