76 PALAI ST, HILO, HI 96720

Excellent rent roll. 3 individual and separate units in Hilo.

Listing Provided by: Big Island Properties
MLS #: 729656
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Description

Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports. One TMK# makes for easy management. Good tenants, good income. Subdivision possible. Renovations on all three units: New roofing & refinished in some areas New countertops, Quartz in unit B New paint, interior and exterior New windows in unit B New bathrooms New flooring New lighting, fans New hardware New faucets New carpentry work throughout Fumigation was completed. All units have a separate electric meter installed by HELCO. Excellent rent roll. The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county. See the attached addenda from the county confirming this. Also, there is a Survey attached.

Property Details

Price: $799,000
Sold Price:
Address: 76 PALAI ST, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 5
Total Bathrooms: 6
Full Baths: 3
Living Area: 2,092 Square Feet

Listed by: Big Island Properties
Year Built: 1954
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool:
Pool Features:

Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned, Attached, Covered, Detached
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: WAIAKEA HIGHLAND VIEW LOTS
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: 20,210 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:
Zoning: RS-10
Horse Amenities:

Additional Details

Assessed Tax Value: $333,800
Annual Tax: $3,705
Tax Year:
Tax Lot: 3
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal: Private Contractor

First Listed April 14, 2026, 4:32 pm
Last Updated April 14, 2026, 5:27 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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