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619 MILILANI ST, HILO, HI 96720

Potential investment opportunity in Hilo - two homes on one lot!

Listing Provided by: Coldwell Banker Island Properties - Hilo
MLS #: 720904
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Description

Unique investment opportunity located in the heart of Hilo, featuring two separate homes on one lot.The first home, a charming multi-level classic (white home), was built in 1932 and refreshed in 2020. It includes two bedrooms and two bathrooms (one 3/4 bath and one 1/4 bath).The second home, a yellow multi-level home, was built in 1985. The upper level offers two bedrooms and one full bathroom, while the lower level has an additional bedroom with a 3/4 bathroom.This property presents a variety of appealing options for an investor. You could generate rental income from both homes, live in one while renting out the other, or even utilize both to accommodate a multi-generational family.The location is truly excellent, with just a short drive to the Hilo Shopping Center, a variety of restaurants, and the beautiful Wailoa State Park.**Please note that county records information and actual details may differ, and buyers and buyer's agents are advised to verify any material facts deemed important to the purchase**

Property Details

Price: $749,000
Sold Price:
Address: 619 MILILANI ST, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 5
Total Bathrooms: 3
Full Baths: 2
Living Area: 2,904 Square Feet

Listed by: Coldwell Banker Island Properties - Hilo
Year Built: 1932
Levels: Two

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool:
Pool Features:

Appliances: Dryer, Oven, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Covered
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: WAIAKEA HOUSE LOTS 1ST SERIES
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: 10,900 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage: a:0:{}
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: RS-10
Horse Amenities:

Additional Details

Assessed Tax Value: $531,700
Annual Tax: $3,164
Tax Year: 2024
Tax Lot: 1-A
Tax Block:

Utilities: Electricity Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: None

First Listed May 27, 2025, 6:28 am
Last Updated May 27, 2025, 6:28 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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