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485 WAIANUENUE AVE, #224, HILO, HI 96720

Hilo Terrace Unit 224

Listing Provided by: Coldwell Banker Island Properties - Hilo
MLS #: 720278
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Description

This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2-bedrooms, 1-bathroom, multiple closet spaces, full kitchen, and living room setup. Totaling a square footage of 695 sqft. This unit is located upstairs for maximized privacy and owner enjoyment. Amenities Include: -Onsite Mail service-Pool access & lounging patio-Designated parking spaces -Newly Upgraded laundry facility on site-Zoned General Commercial (CG-20), which may be conforming for a potential STVR License. Perfect for investment short term or long-term rentals. Buyer to do buyers own due diligence!Just minutes away from all the fun! Located up the road from - Hilo's Friday Night Market, downtown farmers market, an array of local restaurants & eateries, and grocery's such as KTA and Sack N Save. Also, importantly, located just down the road from Hilo Hospitals and School.Recent improvements to the Hilo Terrace complex in recent years include the refinishing of the in-ground pool and laundry facilities in 2019, asphalted parking lot in 2024, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $545 covers water, sewer, gas, condo insurance and common area maintenance. Electricity and trash are billed separately. Cable, internet and phone are owner/tenant's responsibility

Property Details

Price: $200,000
Sold Price:
Address: 485 WAIANUENUE AVE, #224, HILO, HI 96720
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 1
Full Baths: 1
Living Area: 695 Square Feet

Listed by: Coldwell Banker Island Properties - Hilo
Year Built: 1963
Levels: Two

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool: Yes
Pool Features: In Ground, Outdoor Pool

Appliances: Range, Refrigerator
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Hilo Terrace
Subdivision Name: HILO
Association Fee: $545 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage: a:0:{}
Frontage Type:
Roads: Paved
Roads Frontage Type:
Zoning: CG-20
Horse Amenities:

Additional Details

Assessed Tax Value: $50,500
Annual Tax: $300
Tax Year: 2024
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: County-Charge

First Listed April 14, 2025, 8:30 pm
Last Updated April 17, 2025, 2:39 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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