553335 Akoni Pule Hwy

Description: One of a kind, historic family compound at the entrance to Hawi, beside the former "movie theatre". After this owner purchased the property in 2001, she implemented many improvements on all the structures. There is an over 2000 sq.ft. main house centered on the land, (3 bed, 2 bath with huge kitchen...this side the owner occupies, and a 2 bed, 1 bath unit, with separate entrance. There are also two darling cottages fronting Akoni Pule Highway: one has been remodelled and converted for current use as a Beauty Salon, the other is a residential rental with 2 bedrooms and 1 bath. A third cottage is located in a private, quiet location to the back of the property, also rented. Each of the three cottages are approx. 650-700 sqft interior area. There are 3 other structures: large old garage, laundry house, and refurbished garage/storage bldg. And, even more of a rarity: there are Four water meters for this property and RS15 zoning = subdividable.
The land is just shy of an acre (41,140 sq.ft.), and seller has paid for preliminary work on subdivision with Wes Thomas & Assoc., land surveyors. Note that all square footages are approximate, may not match tax office records, and can be verified by buyer's appraisal. A rare opportunity for a buyer with a creative vision, who is also looking for rental income property.

Status: Active

Car Storage:

Car Storage Area: 725 sq.ft.

Deck / Lanai : Deck & Lanai

Deck / Lanai area: 1,084 sq.ft.

Road: Paved, State

Foundation: Post & pier

Roof: Corrugated iron

URL for this property:
http://www.hawaiilife.com/property229994-1.html