77-6512 Sea View Cir 1 Unit Apartment Building $1,675,104 CAD ($1,675,104 CAD/Unit) Kailua Kona, HI 96740

This house has been updated for MAXIMUM rental return. It has been divided into a central section with two bedrooms and 1.5 baths, a living room with acoustic sound-dampening tiles, a kitchen, dining room, lanai, office, a walk-in, cedar-lined laundry closet, and two studio rentals. Each studio has a new kitchenette and direct/private access, with the front having its own gated driveway, covered carport, and lanai. The front studio has acoustic wall panels for privacy and has its own bath. The back studio has a “permit-ready” bathroom (permit acquisition and completion are left to the purchaser), with a toilet and shower kit included, and both studios have access to a shared outside laundry with a newer washer and dryer. The CAP rate depends on the rental of at least 2 of the three units.
The house has an underground power supply, a central kitchen with a reverse-osmosis system, and new ceiling fans, flooring, carpet, paint, and wall treatments throughout. The main sewer lines have been replaced, and the old lines have been brought up to code. The wiring has been updated to code, and a brand-new 100 Amp breaker box with expandable circuits has been installed. The roof has been painted with 2 coats of DTM (direct-to-metal) paint. There is a storage shed on the property.
The property was tented for termites in April 2025 with a 3-year warranty included.
The cesspool has been inspected and is dry and in excellent condition.
The only remaining tasks are to complete the trim and wall painting in the central unit and install the acoustic wall tiles in the living room and dining room of the central unit.
All will be completed on or before the 15th of December.
Video Tour Link: https://www.dropbox.com/scl/fi/b7yus5v61wdia4960cvqk/20251125_135828.mp4?rlkey=nxksz79dk2w3iuezqzclom92p&st=h8dwcioa&dl=0