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".
Sold for $525,000 on 05/14/24
$525,000
350 Lehua St, Hilo, HI 96720
7beds
2,812sqft
Multi Family
Built in 1945
-- sqft lot
$532,300 Zestimate®
$187/sqft
$2,344 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 18, 2024 at 09:01am
Listed by:
Sean Koscil 8085189144,
Keller Williams Honolulu
Bought with:
Stephanie Branco, RB-24157
Hilo Bay Realty LLC
Source: Hawaii Information Service,MLS#: 704140
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,812
- Total interior livable area: 2,812 sqft
Property
Parking
- Parking features: Unassigned
Lot
- Size: 9,358 sqft
Details
- Parcel number: 3260040260000
- Zoning: RM-1
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1945
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Connected
Community & neighborhood
Location
- Region: Hilo
- Subdivision: PUUEO LOTS
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,Purchase Money Mortgage
- Ownership: Full
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$532,300
2% more+ $10,646
With Zillow Showcase(estimated)
$542,946