You calculate the potential return on investment !!! Great Investment property- 2 homes presently rented on a nice large lot on Waiakea side of town. Back house rents for $1200/ Front house rents for $1030. Convenient to shopping, etc. Front house is a Kama'aina style 1920s home that has been upgraded in past years with a new kitchen and bathroom. It has an inviting front porch, fenced front yard for kids or dogs and even a back covered deck. The Back house is built up a 2nd story with carport/ storage area underneath. This home also featues a newer kitchen and nice open living room. Both homes are in need of some TLC as they have been rented consistently for years. However, they are good basic houses on a nice big grassy lot with lots of room around them. Excellent value for 2 homes producing income right in Hilo.
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