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350 Lehua St

Hilo, HI 96720
  • $799,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 663886
UPDATED: 53 min ago
$799,000
  • 7
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,812
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
Area:

School Ratings & Info

Description

Set in Wainaku, the original heart of Hilo, this Victorian home is a perfect opportunity for the right investor. Zoned Multi-Family, this property is leased to long term tenants. The six units are fully occupied and generate approximately $3500 in gross rents with substantial additional potential given current demand levels.Alternatively it could be converted to professional offices or made into a fabulous single family home.There is a large garage, workshop and office in the basement that are not shown in the photos. Look at the Matterport 360 tour and Cubi-Casa images for an approximate layout. A walkthrough video is also available on request. Schools, banks, supermarkets, farmer's market, post office, restaurants and bars are all within walking distance. Honoli'i Beach Park, known for its surfing, is less than a five minute drive. Showings are restricted to Thursdays 10am - 2pm to qualified Buyers Only.Further financial Information will be provided to qualified buyers.

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© 2022 MLS Hawaii, Inc. All rights reserved. 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 Life Real Estate Brokers. Data last updated: 2022-09-25T02:34:23.99.
www.searchhawaii.net/homes/131029739
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350 Lehua St Hilo, HI 96720

  • Price: $799,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 53 min ago
  • MLS #: 663886
7
Beds
2
Baths
0
½ Baths
0.21
Acres
2,812
SQFT
$284
$/SQFT
1945
Built
Neighborhood:
Puueo Lots
Area:
South Hilo
Property Description
Set in Wainaku, the original heart of Hilo, this Victorian home is a perfect opportunity for the right investor. Zoned Multi-Family, this property is leased to long term tenants. The six units are fully occupied and generate approximately $3500 in gross rents with substantial additional potential given current demand levels.Alternatively it could be converted to professional offices or made into a fabulous single family home.There is a large garage, workshop and office in the basement that are not shown in the photos. Look at the Matterport 360 tour and Cubi-Casa images for an approximate layout. A walkthrough video is also available on request. Schools, banks, supermarkets, farmer's market, post office, restaurants and bars are all within walking distance. Honoli'i Beach Park, known for its surfing, is less than a five minute drive. Showings are restricted to Thursdays 10am - 2pm to qualified Buyers Only.Further financial Information will be provided to qualified buyers.
Exterior Features

Land Tenure Fee Simple Ocean Front N Pool N Roads Paved

Interior Features

Appliances RefrigeratorRange/Oven Floors Carpet

Property Features

Assessed Value 437700 Assessment Year 2022 Distressed Standard Sale Lava Zone 8 Lot Number A Oceanfront Unit N Power Overhead Property Type Multi-Family Sewer Other (Remarks) Solid Waste Disposal None Tax Key 326004026 Taxes 4531.00 Terms CashConventional Vehicle Parking Other (Remarks) Water County Zoning Rm-1

Listing information © 2022 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Keller Williams Honolulu.


© 2022 MLS Hawaii, Inc. All rights reserved. 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 Life Real Estate Brokers. Data last updated: 2022-09-25T02:34:23.99.
 
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