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4866 sq ft 15 bed 3.02 bath on 0.29 acres in PUUEO LOTS Contact Hilo Brokers about THIS property.

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.

General Information

Address:	347 ILIAHI ST HILO, HI 96720
Subdivision:	PUUEO LOTS
Price:	$850,000
Form:	Multi-Family
House Size:	4,866 Sq Ft
Lot Size:	0.29 Acres (12,543 Sq Ft)
Type:	Not specified
Lava:	Zone 8
TMK:	3260030170000
MLS:	705740
Terms:	Cash Conventional

District:	South Hilo District (learn more)

Beds:	15
Baths:	3.02
Built:	1918
Status:	Active
Tenure:	Fee Simple
Taxes:	$7,180.59
Value:	$67.77/SqFt (land) $174.68/SqFt (stucture)