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GREAT INVESTMENT OPPORTUNITY-RARELY AVAILABLE! 42 UNIT APARTMENT COMPLEX in the heart of HILO. 3 story walk-up w/ 55 parking stalls. Each unit has an open lanai off of the bedroom. Third floor units offer an "OCEAN" view! Building is comprised of: - 34 - 1 bdrm, bath - 448 sq. ft.; - 3 - 1 bdrm, bath - 536 sq. ft. (10 stack); 5 - 2 bdrm, bath - 576 sq. ft. (02 stack - floors 2 & 3; 14 stack- 3 floors). All units electrically metered individually and furnished with a range/oven and refrigerator. A few units have a disposal. Common laundry facility on the ground floor. Conveniently located on the corner of Ululani Street and Kukuau Street, near the center of Hilo's business/retail and visitor districts and 10 minutes to the airport. Many long term tenants with rents below market. Visible, deferred maintenance throughout. Property to be sold in its "as is, where is" condition. SEE ATTACHED FINANCIAL INFORMATION. Please do not bother tenants. CURRENTLY NOT SHOWING THE PROPERTY. Note: Zoning for the Big Island is CG-7.5 - General Commercial, 7,500 sq. ft. minimum lot size.
| DAYS ON MARKET | 44 | LAST UPDATED | 4/24/2024 |
|---|---|---|---|
| TRACT | HILO | YEAR BUILT | 1978 |
| COMMUNITY | S. Hilo | COUNTY | Hawaii |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | S. Hilo |
|---|---|
| LOT | 1.25 acre(s) |
| LOT DESCRIPTION | Corner Lot, Irregular Lot, Level |
| STORIES | 3 |
| SUBDIVISION | HILO |
| TAXES | 30156 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Ocean |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Bob Tanaka Inc
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 1/7/25 8:36 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 1/7/25 8:36 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.
