507 Kawailoa RD #B Kailua, HI 96734

Steps from Kailua Beach, this craftsman style beach house has a separate duplex with strong rental income potential. Live in the vaulted ceiling, dutch door, gorgeous 1 bedroom 1 bath home and rent out the two 3 bed 2 bath units! One more bonus is the converted garage on the cottage which has been modified into a cute 1 bed 1 bath space. This self-contained space offers additional flexibility, whether you wish to host guests, create a private office, or rent it out for additional income. With separate lanai spaces for all 4 living areas, there is privacy for each one. If you would like your own beautiful beach house to call home and enjoy long term income from the other areas, this is what you have been waiting for.

The location is unbeatable—just steps from Kailua Beach, where you can enjoy morning sunrises, pristine waters, wind surfing, canoe club, volleyball and year-round activities. In addition, you're close to local favorites such as Buzz's Steakhouse, Kalapawai Market, Bob's Pizza and more.

Whether you plan to live in the cottage and rent out the duplex or make the entire property a part of your investment portfolio, this Kailua gem offers endless possibilities.