3198 Wawae Rd, Kalaheo, HI 96741

Income-Producing Property in Lawai Valley Estates – Seller Financing Available

Unique opportunity to own a serene, multi-unit property in Lawai Valley Estates with 4 permitted rental units + office/storage space on one lot. Live in one and rent the rest—or lease all for maximum income. Fully furnished and income ready.

Units & Rents:

* Upstairs Main Home – 1BD/1BA | $2,850/mo + 30% electric | Private yard, fireplace

* Downstairs Main Home – 4BD/2BA | $5,700/mo + 40% electric (additional $900/mo if rented to extra person per contract) | Attached garage (half), lofts, lanai, courtyard| Attached garage (half), lofts, lanai, courtyard

* Studio Cottage – 1BD/¾BA | $2,700/mo + 20% electric | Loft bedroom, outdoor shower, lanai

* Caretaker’s Cottage + Half Garage Office/Storage – 1BD/¾BA + half of garage office/storage space | $2,850/mo + 10% electric | Screened lanai, valley views, private rear entrance to office/storage

Financials:

Total Monthly Income: $14,100–$15,000
Seller Financing Terms:
10% Down ($255,000)
4.75% Interest
Up to 5-Year Term
Approx. P&I Payment: $11,971.81/month

Additional Info:

- Fully furnished
- Private courtyards and lanais
- Chimenea fireplaces in main units
- By appointment only – do not disturb tenants
- Property does not match county records – buyer to verify
- Seller requests leaseback of Caretaker’s Cottage + garage space for up to 2 years at $2,850/mo + 10% electric; open to assisting with property management for reduced lease rate

Excellent investment opportunity with flexible use and immediate rental income in a lush Kauai valley setting.