Sold For $498,000 on Nov 9, 2018


  • MLS# 620364
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,824 SQFT


ATTN. INVESTORS. PROPERTY POTENTIAL FOR INVESTMENT NOW; YOUR COMFY HOME LATER! THIS HOUSE HAS FIVE, (5) INDIVIDUAL RENTAL UNITS. THERE ARE FOUR SEPARATE BEDROOMS UPSTAIRS. ONE HAS IT'S OWN BATHROOM. THE REST SHARE A BATHROOM. THERE IS A COMMON LIVING AREA AND A SHARED KITCHEN. DOWNSTAIRS HAS BEEN ENCLOSED INTO A ONE BEDROOM APT W/A FULL BATH, PARTIAL KITCHEN. LARGE LANAI OPENING OUT TO THE BACKYARD AND A LARGE SHARED SUBDIVISION OPEN GRASSY AREA. LOTS OF PRIVACY. TOTAL GROSS RENTAL INCOME IS PRESENTLY $3.685. PER MONTH. THIS HOUSE IS BEING SOLD FULLY FURNISHED, TURN KEY. INCLUDES EVERYTHING THERE EXCEPT FOR A FEW PERSONAL ITEMS THAT BELONG TO THE TENANTS. SOLAR SYSTEM IS LEASED FOR $183./MO. W? 17 YRS. REMAINING ON LEASE. MONTHLY HELCO FEE IS $21.


Sold Date
Nov 9, 2018
Sold Price
$498,000
Listed Price
$498,000
Days On Market
39
Price Per Square Foot
$273
Assessed Value
$220,900
Annual Property Tax
$594
Tenure
Fee Simple
Tax Key (TMK)
Acres
0.23
Subdivision
Kinoole Estates
Ohana/ADU
No

Interior

Flooring
Carpet
Ceramic Tile
Appliances
Disposal
Dishwasher
Gas Grill
Microwave
Refrigerator
Range/Oven
Range Hood
Window Coverings
Curtains
Shutters
Washer/Dryer
Dryer
Washer
Gross Living Area
1824
Unit Description
Multi-Story
Single Family Home

Exterior

Zoning
RS-15
Parking
Covered
Carport Dim.
408
Road Description
Curbs/Gutters
County
Paved
Street Lights
Frontage
Road/Street
Fencing
Chain Link
Rock/Stone
Lot Description
Grassy
Inside
Topography
Level
Flood Zone Click to view tooltip
AE
Design
Double Wall
Wood Frame

Building Features

Year Built
1988

Utilities

Power
Overhead
Solar/Photovoltaic
Water
Municipal
Meter Installed
Wastewater
Cesspool
Telephone
Cable
Cell
Land Line
Satellite
TV
Satellite
Cable
Internet
Cable
DSL
Satellite
Wireless

Select a Point of Interest and Radius from the form above.

South Hilo

Hilo town, the hub of the South and North Hilo districts, was once a thriving port for the sugar cane industry. Today it is the Hawaii County Seat and home of the island's major state and federal offices, a modern international airport, Hilo Medical Center, the University of Hawaii-Hilo, and state-of-the-art Imiloa Astronomy Center.

Although Hilo is not an incorporated city, it is the second-largest population center in the state with over 40,000 residents according to the 2000 census. Hilo also has an array of commerce and entertainment offerings--boutiques and galleries, big box stores, restaurants, museums, and several hotels.

The historic Bayfront area, though impacted by major tsunamis in 1946 and 1960, is still a center of economic and cultural activity, including a weekly farmers market, Palace Theatre events and the annual Black & White Night, Merrie Monarch, and Ho'olaule'a festivals.

Embracing the town's reputation as "the rainiest city in America", Hilo residents have a certain pride about East Hawaii's weather and enjoy a different flavor of Hawaii life than their neighbors on the dry west side. The Big Island’s famed greenery, tropical fruits and flowers, trees, ferns, forests, and farms all require reliable rainfall to thrive. Water is so important to life in Hawaii that waiwai (the word for "water", doubled) translates as "assets, valuable, wealth, rich, worth and benefit."

As is true for much of the Big Island, Hilo real estate is a mixed market, with upscale custom homes and fixer-upper "opportunity" properties, condos, vacation residences, private estates and oceanfront property. A knowledgeable Clark Realty agent can guide you to the best Hilo property for your needs.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


Similar Properties are within a 1.5 mile radius and are within 10% of the listing price.


Listed By Tracy Lewis Realtors

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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