485 WAIANUENUE AVE, #109, HILO, HI 96720
Turnkey 2 bedroom condo with transferable STVR permit
Listing Provided by: Hawai'i Modern Realty
MLS #: 733101
MLS #: 733101
Description
Turnkey and fully furnished, this lovely 2-bedroom, 1-bath condominium at Hilo Terrace offers a rare opportunity to step into an established, operating Short-Term Vacation Rental. Unit 109 is being offered completely furnished and ready for immediate use, whether as a successful vacation rental, second home, or flexible investment property. With an existing STVR in place, the next owner can enjoy the convenience of acquiring a property that is already set up for guests rather than starting from scratch. Hilo Terrace has also benefited from significant recent capital improvements throughout the complex. The in-ground pool and laundry facilities were refinished in 2019, the parking lot was asphalted in 2024, and new roofs were installed on all buildings in 2023.
Property Details
Price: $255,000
Sold Price:
Address: 485 WAIANUENUE AVE, #109, HILO, HI 96720
Ownership: CPR
Status: Active
Category: Residential
Type:
Sold Price:
Address: 485 WAIANUENUE AVE, #109, HILO, HI 96720
Ownership: CPR
Status: Active
Category: Residential
Type:
Total Bedrooms: 2
Total Bathrooms: 1
Full Baths: 1
Living Area: 695 Square Feet
Listed by: Hawai'i Modern Realty
Year Built: 1963
Levels:
Year Built: 1963
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View:
Pool:
Pool Features:
Appliances: Microwave, Range, Refrigerator
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Community Information
Project Name: Hilo Terrace
Subdivision Name: HILO
Association Fee: $630 Monthly
Subdivision Name: HILO
Association Fee: $630 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 3
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: CG-20
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $124,800
Annual Tax: $1,460
Tax Year: 2026
Tax Lot:
Tax Block:
Utilities: Electricity Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
First Listed August 31, 2026, 11:23 am
Last Updated August 31, 2026, 11:23 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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