Puueo Multi-Family

350 Lehua Street, Hilo, Hawaii 96720 Get Directions

SOLD

 

Total SqFt
2,812
Lot Size Area
9,358 SqFt
Land Tenure
Fee Simple
MLS #
202320494
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Overview

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".

Property Details

Building Type
Multi Dwellings
Sold Date
05/14/2024
Sold Price
$525,000
Construction Materials
Above Ground, Single Wall, Wood Frame
Location
Inside
Neighborhood
Puueo
Net Operating Income
33100.00
Number Of Units Total
6
Parking Features
Open
Parking Total
4
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
2,812
Total SqFt
2,812
Status
Sold
Stories
3
Total Actual Rent
$4,150
Total Annual Operating Expenses
$16,700
Total Income
$49,800
View
Other, Sunrise
Year Built
1945

Additional Property Info

Disclosures
Property Disclosure Stmt
Days on Market
198
Flood Zone
Zone X
Laundry Facilities
Dryer, Washer
Property Condition
Average
Roof
Aluminum/Steel
Tax Amount
$405
Tax Assessed Value
$437,700
Tax Assessed Value Improvements
$304,100
Tax Assessed Value Land
$133,600
Topography
Gentle Slope
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone
Zoning
00 - Residential

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Listing Courtesy of Keller Williams Honolulu Courtesy of Sean J Koscil, Keller Williams Honolulu.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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