$199,900
$199,900
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1 Bath
372 SqFt
SOLD DATE : 01/12/2024
Key Details
Sold Price $199,900
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 372 sqft
Price per Sqft $537
MLS Listing ID 702301
Sold Date 01/12/24
Full Baths 1
Year Built 1969
Annual Tax Amount $1,745
Property Description
This is a leasehold property. One of the BEST income properties available for the price, with a good return on investment. Successful vacation rental with 56 years left on the current leasehold. Unit 119 has a great rental history and 5 star reviews. Completely turnkey and ready to go ! Start making money right away! Very nice and popular unit, turnkey and in top condition, located in the well liked and charming Kona Islander Inn condo hotel in the heart of Kailua-Kona by the ocean. The unit is well equipped with an air conditioner, microwave, small fridge, and linens. The Kona Islander Inn has tropical landscaping, pool & spa, 2 BBQs, and front desk staff who can manage check in & outs if needed. This prime downtown Kona location is close to restaurants, beaches, Pier, volleyball courts, and has direct access to Alii drive and Kuakini Hwy. On-site laundry room accessible by key card.
Designated as a Hotel and DOES NOT need a vacation rental permit !
The maintenance fees include electricity, water & sewer, trash, basic cable, high speed internet, and all exterior and grounds maintenance.
MLS # 702301
Location
State HI
Area North Kona
Building/Complex Name KONA ISLANDER INN
Zoning V-.75
Interior
Flooring Carpet
Exterior
Garage Unassigned
Fence Rock/Stone
Pool Yes
Waterfront N
View Garden
Building
Sewer Sewer-Connected
Water Municipal
Others
Monthly Total Fees $730
Acceptable Financing Cash
Listing Terms Cash
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