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332 KAUILA ST, HILO, HI 96720

Investment Property w/ 4 separate units, walking distance to Downtown Hilo

Listing Provided by: Redfin Corporation
MLS #: 713466
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Description

Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms, and dedicated parking stalls.Key Features:Prime Location: Walking distance to Downtown Hilo, grocery stores, and a variety of restaurants. Enjoy the vibrant local community and amenities just moments away.Income Potential: Three of the four units are currently rented, providing immediate rental income. Unit #4 is vacant and move-in ready.Flexible Use: Whether you’re looking to live in one unit while renting out the others, use the property for short-term rentals, or accommodate family members in close proximity, this 4-plex offers versatility to suit your needs.Unit Breakdown:Unit 1: Spacious 1-bedroom, 1-bathroom with a recently renovated kitchen including a range/oven and refrigerator. Perfect for a comfortable and modern living experience.Unit 2: Cozy studio with a full bath and a well-equipped kitchen featuring a range/oven and refrigerator. Ideal for single occupants or as a rental unit.Unit 3: Another inviting studio with a full bath and a kitchen complete with range/oven and refrigerator. Offers a charming and functional living space.Unit 4: Recently renovated large 1-bedroom, 1-bathroom unit with a kitchen equipped with a range/oven and refrigerator. Move-in ready and perfect for immediate use.Each unit is separately metered, ensuring ease of management and billing. Don’t miss this fantastic opportunity to invest in a property with strong rental potential or create a multi-generational living space in one of Hilo’s most desirable locations.Must Be Sold with MLS 713624 ( Duplex )

Property Details

Price: $790,000
Sold Price:
Address: 332 KAUILA ST, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 2
Total Bathrooms: 4
Full Baths: 4
Living Area: 2,848 Square Feet

Listed by: Redfin Corporation
Year Built: 1933
Levels:

Features and Amenities

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Parking Features: Other
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Community Information

Project Name:
Subdivision Name: PUUEO
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: 7,508 Square Feet
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Land Tenure: Fee Simple
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Roads: County, Paved
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Zoning: RM-1
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Additional Details

Assessed Tax Value: $353,900
Annual Tax: $4,213
Tax Year: 2023
Tax Lot: 2
Tax Block:

Utilities: Electricity Available, Sewer Connected
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Solid Waste Disposal: Private Contractor

First Listed August 28, 2024, 2:03 pm
Last Updated August 29, 2024, 9:32 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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