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347 Iliahi St

Hilo, HI 96720
  • $850,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 705740
UPDATED: 65 min ago
$850,000
  • 15
    BEDS
  • 0.29
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 4,866
    SQFT
  • $175
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
Area:

School Ratings & Info

Description

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month.The community of tenants are required to follow a set of house rules, and good neighbor principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.Dont let this investment opportunity slip you by!Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

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© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Linda Hussey | Hawaii Life. Data last updated: 2024-02-27T07:34:21.247.
www.hawaiipetfriendlyrealtor.com/homes/146825349
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347 Iliahi St Hilo, HI 96720

  • Price: $850,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 65 min ago
  • MLS #: 705740
15
Beds
3
Baths
2
½ Baths
0.29
Acres
4,866
SQFT
$175
$/SQFT
1918
Built
Neighborhood:
Puueo Lots
Area:
South Hilo
Property Description
Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month.The community of tenants are required to follow a set of house rules, and good neighbor principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.Dont let this investment opportunity slip you by!Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Exterior Features

Carport Area Total 0 Exterior Area Total 0 Fence Chain Link Frontage Stream/CanalRoad/Street Garage Area Total 0 Land Tenure Fee Simple Lot Description Grassy Ocean Front No Pool No Roads County Topography Steep Slope View MountainSunset

Property Features

Assessed Value 646900 Assessment Year 2023 Distressed Standard Sale Features Ceilings-9'+CO2 detectionKitchen-CommunitySmoke/Heat Detector Lava Zone 8 Oceanfront Unit N Power Overhead Property Type Multi-Family Sewer Sewer-Not Connected Solid Waste Disposal Private Contractor Tax Key 326003017 Taxes 7180.59 Terms CashConventional Tv Availability Cable Vehicle Parking Other (remarks) Water County Zoning RM-1

Listing information © 2024 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Better Homes and Gardens Real Estate Hank Correa Realty.


© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Linda Hussey | Hawaii Life. Data last updated: 2024-02-27T07:34:21.247.
 
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