518 Ulumalu Street, Kailua, HI 96734

$1,495,000 Asking Price

4 beds
3 baths
2,160  sqft
Built in 1960

Located in highly desirable Pohakupu neighborhood, lies this rare multi-family home. Conveniently located for commuters, with a neighborhood park just down the street. Views of Mt. Olomana and the majestic Ko'olau Mountain range behind. The main house is 3 bedrooms, 2 baths, and features an open kitchen, laundry room, and extra bonus rooms for office or nursery. Down a gated walkway to it's own private backyard, lies the detached LEGAL ADU 1/1 Cottage. Being a legal ADU, you can use the rental income to help you qualify with your Lender. Fully fenced in for pets, with beautiful landscaping and fruit trees, 2 storage sheds, and 22 Leased PV panels to keep electric bills down. This is your chance to get into Kailua and keep your mortgage payments down with the rental income, or great for extended family living. Don't let this one pass you by! Make this your new home today!!!

Features & Amenities

Interior

Flooring:
Ceramic Tile,Laminate,Vinyl

Exterior

Style:
1 Bedroom Cottage,Detach Single Family,Multiple Dwellings
Pool:
None
Parking:
3 Car+,Carport, Parking spaces: 3

Construction

General:
Above Ground,Double Wall,Single Wall,Slab,Wood Frame, One

Location

HOA Amenities:
None

Lot

Topography:
Gentle Slope
View:
Mountain

Utilities

Utilities:
Cable,Connected,Internet,Overhead Electricity,Public Water,Sewer Fee,Telephone

This listing courtesy of:
Coldwell Banker Realty

About Kailua, HI

Housing

Number of Units
17,651
Median Home Value
$998,325
Median Rent
$2,039

32.97% of housing units are renter occupied.

8.75% are vacant.

Commute

Car
70.69%
Public Transportation
1.93%
Walk to Work
2.84%
Work from Home
23.22%
Other
0.42%

The median travel time to work is 22 minutes.

People

Population
49,668
Median Age
39.00
Median Household Size
3.04

Education

High School
19.81%
Associate’s Degree
8.81%
Bachelor’s Degree
26.70%
Graduate Degree
21.95%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: