347 ILIAHI ST, HILO, HI 96720
15 Unit Multi-Family Rental Business
Listing Provided by: Better Homes and Gardens Real Estate Hank Correa Realty
MLS #: 705740
MLS #: 705740
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.Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Property Details
Price: $699,000
Sold Price:
Address: 347 ILIAHI ST, HILO, HI 96720
Ownership: Full
Status: Contingent
Category: Residential Income
Type:
Sold Price:
Address: 347 ILIAHI ST, HILO, HI 96720
Ownership: Full
Status: Contingent
Category: Residential Income
Type:
Total Bedrooms: 15
Total Bathrooms: 5
Full Baths: 3
Living Area: 4,866 Square Feet
Listed by: Better Homes and Gardens Real Estate Hank Correa Realty
Year Built: 1918
Levels: Two
Year Built: 1918
Levels: Two
Features and Amenities
Interior Features: High Ceilings
Exterior Features:
View: HIS Sunset, Mountain(s)
Pool:
Pool Features:
Appliances:
Fireplace Features:
Flooring:
Security: CO2 Detection, Smoke Detector(s)
Laundry:
Fireplace Features:
Flooring:
Security: CO2 Detection, Smoke Detector(s)
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: PUUEO LOTS
Association Fee: $0 Monthly
Subdivision Name: PUUEO LOTS
Association Fee: $0 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 8
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 12,543 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Grassy
Frontage: a:1:{i:0;s:12:"Stream/Canal";}
Frontage Type: Stream/Canal
Roads: County
Roads Frontage Type: HIS Road/Street
Frontage: a:1:{i:0;s:12:"Stream/Canal";}
Frontage Type: Stream/Canal
Roads: County
Roads Frontage Type: HIS Road/Street
Zoning: RM-1
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $646,900
Annual Tax: $7,181
Tax Year: 2023
Tax Lot:
Tax Block:
Utilities: Cable Available, Electricity Available, Sewer Not Available
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Private Contractor
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Private Contractor
First Listed January 22, 2024, 10:45 am
Last Updated January 27, 2025, 10:03 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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