40 PAMALA PL, HILO, HI 96720
Permitted Short Term Vacation Rental - Multi Unit - Hilo Hawaii
Listing Provided by: Coldwell Banker Island Properties - Hilo
MLS #: 721580
MLS #: 721580
Description
Permitted multi-unit short-term vacation rental in Hilo. Located on quiet Pamala Place, this 5-bedroom, 3-bath home offers a rare opportunity to own a fully permitted and proven short-term vacation rental. With a strong recent earning history of over $100,000 per year, this property is turn-key and fully furnished, ready for immediate use as an income-producing investment or flexible multi-generational living.The upper level features 2 bedrooms and 2 baths, a spacious living room filled with natural light from large windows, and a cozy back lanai perfect for morning coffee or evening relaxation. The kitchen and dining area have been updated with vinyl plank flooring, blending durability with modern style.The lower level serves as a separate living space with 3 bedrooms and 1 bath. It has been tastefully updated with vinyl plank flooring and a kitchen featuring quartz countertops. Just outside, a covered lanai provides an inviting spot for outdoor seating.Situated in a great location near shopping, restaurants, and Hilo’s many attractions, this property also offers ample parking for guests or residents, adding to its convenience and appeal.Take a look at this property video: https://realestatevideos.vids.io/videos/5a9bdbb51f1be5c8d0/40-pamala-pl-rev
Property Details
Price: $675,000
Sold Price:
Address: 40 PAMALA PL, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:
Sold Price:
Address: 40 PAMALA PL, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:
Total Bedrooms: 5
Total Bathrooms: 3
Full Baths: 3
Living Area: 2,357 Square Feet
Features and Amenities
Interior Features:
Exterior Features:
View:
Pool:
Pool Features:
Appliances: Dryer, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Vinyl
Security:
Laundry:
Fireplace Features:
Flooring: Carpet, Vinyl
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Covered, Other
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Covered, Other
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: WAIAKEA CAMP RESIDENTIAL
Association Fee: $0 Monthly
Subdivision Name: WAIAKEA CAMP RESIDENTIAL
Association Fee: $0 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 3
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 7,500 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: RD-3.75
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $499,400
Annual Tax: $5,543
Tax Year: 2025
Tax Lot: 11
Tax Block:
Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Cooling:
Heating:
Sewer: Cesspool
Water: Public
Solid Waste Disposal: None
Cooling:
Heating:
Sewer: Cesspool
Water: Public
Solid Waste Disposal: None
First Listed August 2, 2025, 8:52 am
Last Updated August 2, 2025, 8:52 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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