Skip To Content

350 Lehua Street

Hilo, HI 96720
  • $525,000
  • STATUS: Closed
  • ON SITE: 393 Days
  • MLS #: 202320494
Sold - 05/14/2024
$525,000
SOLD - 05/14/2024
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,812
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Description

Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".

Monthly Payment Calculator



© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
www.hawaiidreamhomes.com/homes/143135107
Print Image

350 Lehua Street Hilo, HI 96720

  • Price: $590,000
  • Status: Closed
  • On Site: 393 Days
  • Updated: 32 min ago
  • MLS #: 202320494
0
Beds
0
Baths
0
½ Baths
0.21
Acres
2,812
SQFT
$0
$/SQFT
1945
Built
Neighborhood:
Puueo
County:
Hawaii
Area:
S. Hilo
Property Description
Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".
Exterior Features

Construction Materials Above GroundSingle WallWood Frame Location Inside Lot Description Other Other Parking None Parking Open Parking Total 4 Property Frontage Other Roof Aluminum/Steel Stories Three Topography Gentle Slope View OtherSunrise

Interior Features

Elevators 0 Furnished None Laundry DryerWasher Sq Ft Building 2812

Property Features

1 Bed Units 6 2 Bed Units 0 3 Or More Bed Units 0 Amenities None Annual Expenses 16700.00 Assessed Value Improvements 304100.00 Assessed Value Land 133600.00 Assessed Value Total 437700.00 Building Type Multi Dwellings Disclosures Property Disclosure Stmt Documents InventoryLease Documents Easements None Expenses Include Excise TaxInsuranceMgmt FeeProperty TaxRepair Maintenance Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventional1031 ExchangePurchase Money Mortgage Management Company Melanie Bathe Net Operating Income 33100.00 Other Income 0.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 405.00 Tax Annual Amount 4860.00 Tax Paid By Seller No Tax Year 2023 Tenant Pays Cable TVElectricity Total Actual Rent 4150.00 Total Income 49800.00 Utilities Available CableInternetOverhead ElectricityPublic WaterTelephone Utilities Meters Electric Zoning 00 - Residential

Listings provided courtesy of Keller Williams Honolulu: (808) 596-2888.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-10-04T12:58:57.723. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
 
Logo
Hawaii Dream Homes
91-1123 Keaunui Dr, #236
Ewa Beach HI, 96706