36 Komohana St, Hilo, HI 96720

**Check out the Video** Historic Charm Meets Modern Living – Multi-Unit Property with Assumable VA Loan! This one-of-a-kind property 4300 sqft masterfully blends timeless Japanese craftsmanship with modern updates, offering a unique opportunity for multi-generational living, hosted rentals, or income-producing units—all with the added benefit of an assumable VA loan at 2.875%! Main Home | 4 Bed, 1.5 Bath | 1,976 Sq Ft Authentic, Japanese tatami room built with stunning joinery and carved authentic woodwork Arched doorways, pocket doors/windows, vintage glass knobs, original hardwood floors Expansive kitchen with floor-to-ceiling cabinetry, formal dining & living rooms Appliances recently updated, on-demand Renai propane water heater Renovated upstairs bath with quality finishes Beautiful big windows throughout provide exceptional airflow. There is generous storage throughout the home Washer/dryer- discreetly tucked into one bedroom—ideal for a wellness room, studio, or home office Downstairs Unit | 1 Bed 1 Bath | 1,544 Sq Ft (Furnished vacation rental with its own entrance) Private, one bedroom apartment with a full kitchen, living room, and office Move-in ready or continue hosting with a strong rental setup Bright and spacious, with its own washer and dryer. Legal 'Ohana | 2 Bed, 1 Bath | (Stand alone, furnished vacation rental with its own carport) Full kitchen, living area, deep soaking tub Electrical and plumbing updated or replaced upon renovation, on-demand Renai propane water heater Office nook, pantry, and excellent ventilation Two separate entrances, great income history with an independent electric meter. Under the 'ohana is a 2-car carport, screened in bonus room with 1/2 bath and separate laundry facility Additional Highlights: Brand new roof on main home and carport (2024) There are two carports, 400 sqft each. There is room for parking for up to 8 vehicles