$525,000
$590,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3 Baths
2,812 SqFt
SOLD DATE : 05/14/2024
Key Details
Sold Price $525,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,812 sqft
Price per Sqft $186
Subdivision Puueo Lots
MLS Listing ID 704140
Sold Date 05/14/24
Bedrooms 7
Full Baths 3
Year Built 1945
Annual Tax Amount $4,858
Lot Size 9,358 Sqft
Property Description
Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".
Location
State HI
Area South Hilo
Zoning RM-1
Interior
Flooring Carpet
Exterior
Garage Unassigned
Pool No
Waterfront N
Building
Sewer Sewer-Connected
Water County
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, PMM
Listing Terms 1031 Exchange, Cash, Conventional, PMM
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