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 FtAuthentic, Japanese tatami room built with stunning joinery and carved authentic woodworkArched doorways, pocket doors/windows, vintage glass knobs, original hardwood floorsExpansive kitchen with floor-to-ceiling cabinetry, formal dining & living roomsAppliances recently updated, on-demand Renai propane water heaterRenovated upstairs bath with quality finishesBeautiful big windows throughout provide exceptional airflow. There is generous storage throughout the homeWasher/dryer- discreetly tucked into one bedroom—ideal for a wellness room, studio, or home officeDownstairs 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 officeMove-in ready or continue hosting with a strong rental setupBright 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 tubElectrical and plumbing updated or replaced upon renovation, on-demand Renai propane water heaterOffice nook, pantry, and excellent ventilationTwo 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 facilityAdditional 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

Listed by: Coldwell Banker Island Properties - Hilo
Year Built: 1936
Levels: One, Two

Garage Spaces:
Carport Spaces: 4
Parking Features: Covered, Other
Additional Structures:
Home Warranty:

Lava Zone: 3
Flood Zone: X

Zoning: RS-7.5
Horse Amenities:

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