Hilo Brokers LTD

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5638 sq ft 7 bed 5.0 bath on 0.59 acres in KAIWIKI HOMESTEADS I & II
Contact Hilo Brokers about THIS property.

Description
Attention medical professionals, investors, and home buyers

***Great deal on a 4 unit property in Hilo with excellent ocean views***

Within 4 miles of downtown Hilo and stunning views of the ocean from every floor in this three-story home.

5634 sq ft that can be 3 or 4 separate units (currently 4 units with three units rented and one available for the owner.)

Good cash flow

Lower units:
2-bedroom 1 bath: Newly remodeled with tenant
1 bedroom 1 bath: Newly remodeled with tenant
Common laundry area between lower units
Lower level driveway accesses these units

2nd story is the main living area with giant living room, great room, kitchen with pantry, 3 bedrooms, 2 bathrooms, large laundry room and 2 car garage

3rd story: Penthouse has been remodeled and is currently rented. This unit is currently its own unit but can also be incorporated with the main unit for more living area.

Plenty of decking so grab a glass of wine and unwind while taking in the beautiful ocean vistas at a nice cooler elevation.

General Information


Address:2107 KAIWIKI RD
HILO, HI 96720
Subdivision:KAIWIKI HOMESTEADS I & II
Price:$1,449,000
Form: Residential
House Size:5,638 Sq Ft
Lot Size:0.59 Acres (25,613 Sq Ft)
Type: Not specified
Lava:Zone 8
TMK:3260100310000
MLS:707344
Terms:
  • 1031 Exchange
  • ARM
  • Cash
  • Conventional
  • District: South Hilo District
    (learn more)
    Beds:7
    Baths:5.0
    Built:2008
    Status: Active
    Tenure: Fee Simple
    Taxes:$6,445.0
    Value: $56.57/SqFt (land)
    $257.01/SqFt (stucture)

    Contact Hilo Brokers about THIS property.

    Highlights


    Appliances...
    • Double Ovens
    • Refrigerator
    Car Storage...
    • Attached
    • Carport 0 Sq Ft
    • Garage 0 Sq Ft
    View...
    • Bay
    • Ocean
    • Ocean Horizon
    • Sunrise
    Lot Type...
    • Clear
    • Grassy
    Pool...
    • No
    Power...
    • Overhead
    Roads...
    • County
    • Paved
    Sewer...
    • Cesspool
    Waste...
    • None
    Topography...
    • Fairly Level
    • Gentle Slope
    • Terraced
    Water...
    Location
    Zoning...

  • Zone A-5A
  • Coordinates...

  • 19.75410169 -155.13423289
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    Some of the best views in Hilo from this four unit property


    Beautiful sunrises as you look toward Hilo Bay and the Pacific Ocean from every unit in this property.


    Front of 3 story home. This is looking west up the mountain at the house. This side faces the east and the ocean and has spectacular views from all three floors


    Newly remodeled lower level unit 1. This is a 2 bedroom 1 bathroom unit with lanai. This unit is currently rented.


    One of the bedrooms in Unit #1


    Bathroom in unit #1


    Kitchen unit #2. This unit was also just renovated and is a 1 bedroom 1 bathroom with office.


    Unit #2 living room. This unit is currently rented


    Unit #2 bathroom


    Unit #3 is the main unit and is on the middle level. It has a two stall garage and is a 3 bedroom 2 bath unit with its own laundry. This is the view of the kitchen and breakfast nook


    Unit #3 pantry between garage and kitchen


    Unit #3 Dining room and looking at entrance


    Unit #3 Living room, great room and balcony spaces. Comes furnished and with pool table


    Unit #3 living room


    Unit #3 from lanai looking back toward great room and living room


    Unit #3 Lanai Space. Great place to relax and enjoy the view after a hard days work.


    Unit #3 bedroom. This unit has 3 bedrooms, two that face the ocean and have their own lanai.


    Unit #3 Shower with seat


    Unit 3# laundry area with plenty of storage and brand new washer and dryer.


    Unit #4 Living area. We call it the penthouse and it is on the third floor of this building.


    Penthouse living area with loft space above. This unit is currently rented


    Penthouse kitchenette with living area


    Penthouse bathroom


    Penthouse bathroom


    Penthouse walk in closet