347 ILIAHI ST HILO, HI 96720

  • $850,000
Hilo, South Hilo
  • 15
  • Bedrooms
  • 3
  • Bathrooms
  • 1918
  • Year Built
  • 4866
  • sqft
  • 12543
  • Lot sqft
  • PUUEO LOTS
  • Subdivision
  • 705740
  • MLS#
For Sale
347 ILIAHI ST HILO, HI 96720
Hilo, South Hilo
  • $850,000

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.

Don’t 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.

  • Address 347 ILIAHI ST HILO, HI 96720
  • City Hilo
  • Zip/Postal Code 96720
  • Area South Hilo

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Details

Updated on January 24, 2024 at 3:10 pm
  • Price: $850,000
  • Interior Space: 4866 sqft
  • Land Area: 12543 sqft
  • Bedrooms: 15
  • Bathrooms: 3
  • Year Built: 1918
  • Property Type: Multi-Family
  • Property Status: For Sale
  • MLS#: 705740
  • Office Name: BETTER HOMES AND GARDENS REAL ESTATE HANK CORREA REALTY
  • MLS Status: Active
  • Subdivision: PUUEO LOTS
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Contact Penn Henderson - Kona Realtor in Hawaii
Mahalo for dropping by!

Need help with your search?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

Let's Get Started

Feel free to reach out anytime!