$199,000
$199,000
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4 Beds
2 Baths
560 SqFt
SOLD DATE : 06/30/2023
Key Details
Sold Price $199,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 560 sqft
Price per Sqft $355
Subdivision Hilo
MLS Listing ID 702342
Sold Date 06/30/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $2,215
Tax Year 2022
Property Sub-Type Duplex
Source Hawaii Information Service
Land Area 9916
Property Description
Priced to sell! Great investment property located in Hilo!
Two homes located on one 9,916 sqft lot. Each home is 2 bedroom with 1 'Jack and Jill' bathroom. Both tenant occupied. Street parking only. Homes are single walled, plantation style and in need of some major TLC. Large green lawn located behind the back unit with room to possibly build another unit. Tenants are on month to month lease and would like to stay.
Each unit has its own separate water meter and electric meter.
Seller is also selling adjacent lot TMK 3-2-3-18-5. MLS 702271. Included with two more homes on a 11,859 sqft lot. That's a total of 4 homes on 21,775 sqft of land in Hilo. Both lots are zoned RM-1(Multi-Family Residential). Great potential for developers looking to build an apartment complex with views of Hilo bay.
Although information provided herein is believed to be correct, Buyer and Buyer's Agent to conduct their own due diligence. Buyers and their agents urged to verify any information they deem material or important to their decision to purchase this property.
Location
State HI
Community Hilo
Area Hi
Zoning RM-1
Region South Hilo
City Region South Hilo
Exterior
Parking Features None
Utilities Available Electricity Available
View Y/N Yes
View City, HIS Cemetery, Ocean
Garage Yes
Private Pool No
Building
Sewer Cesspool
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962