THIS SALE IS FOR THE LAND ONLY. DO NOT DISTURB THE TENANTS! DRIVE BY ONLY! You are buying the remaining leased fee interest in the land which will make you the lessor. The purchase includes all of the rights of a lessor and income. One very important lessor right is contained in paragraph 20 of the original lease. Ask your agent for a copy of the lease posted in the MLS supplements. Please discuss the ramifications of paragraph 20 in relation to the house with your agent or attorney. The lease has expired and is on a month to month basis. Annual rent is $18000/year + Property Taxes. Possession is subject to tenant lease. Make all offers.
MLS# | 202413947 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1960 |
Days On Site | 212 |
Listing Provided By | NextHome KU Realty | Keahi D Pelayo |
Story(s) | 1 |
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Zoning | 04 - R-7.5 Residential District |
Property View | None |
State | HI |
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County | Oahu |
City | Kailua |
Zip Code | 96734 |
Area | Oahu |
Community Name | KALAHEO HILLSIDE |
School District | Kalaheo |
Elementary School | Aikahi |
Middle School | Kailua |
High School | Kalaheo |
Listing VS Median (in KALAHEO HILLSIDE) | |
Price: $1,099,000 low | high Med: $1,255,000 On Site: 212 low | high Med: 77.500000 |