Introducing a remarkable investment opportunity in the heart of Hilo, Hawaii! This multi-family property, nestled on the corner of Barenaba and Derby Lane, boasts three distinct homes on a generously sized 10,192 square foot lot. Situated just moments away from government offices, stores, restaurants, and the vibrant downtown Hilo scene, this unique property offers both convenience and potential.<br><br>62 Barenaba Lane is a charming abode featuring 2 bedrooms and a full bath, providing a cozy retreat for its residents. The lower level is thoughtfully designed with ample storage space, ensuring a clutter-free living environment.<br><br>Next door, 54 Barenaba Lane offers another 2-bedroom home with a full bath, and a remarkable bonus – a convenient half bath on the lower level. This extra space opens the door to various possibilities.<br><br>Completing this trio of homes, 84 Derby Lane offers a spacious living experience with 2 bedrooms and a full bath. Downstairs, you'll find an expansive area that can be transformed into your special space.<br><br>These three homes collectively present an enticing opportunity for rental income, extended family living, or a blend of both. Enjoy the serenity of Hilo while being just steps away from the pulse of the city. Don't miss your chance to own this versatile multi-home property in this prime location – it's a slice of paradise with endless potential!<br><br>** Check out the property video **
Sold for $600,000 on 12/29/23
$600,000
62 Barenaba Ln, Hilo, HI 96720
6beds
1,961sqft
Triplex
Built in 1935
-- sqft lot
$535,000 Zestimate®
$306/sqft
$1,829 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 18, 2024 at 01:04am
Listed by:
Howard Meguro 8088962549,
Coldwell Banker Island Properties - Hilo
Bought with:
Rose Delfin, RB-19466
Venture Sotheby's International Realty
Source: Hawaii Information Service,MLS#: 704846

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Laminate, Other
- Has fireplace: No
Interior area
- Total structure area: 1,961
- Total interior livable area: 1,961 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 10,192 sqft
Details
- Parcel number: 3220190440000
- Zoning: RD-3.75
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & neighborhood
Location
- Region: Hilo
- Subdivision: FAIRWIEW LOTS
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Full
- Road surface type: Paved
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$535,000
2% more+$10,700
With Zillow Showcase(estimated)$545,700