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76 PALAI ST, HILO, HI 96720

Rental Portfolio, High Occupancy History, 10 Rented Units.

Listing Provided by: Big Island Properties
MLS #: 712297
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Description

Four separate parcels, 7 dwelling structures totaling 10 rented units. All Stable Cash Flowing Properties with Strong History of High Occupancy. Possible Added Value by Subdividing some of the Lots. Off-Street Parking or Carport Space for All Units. Refer to MLS #'s 710954, 711445, 711985, 712305 for information on each individual property.

1) Tax Key Number: (3) 2-2-055-008 - MLS# 710954
76 A E Palai Street Hilo, 96720
Zoning: RS-10; Lot Size: 20,210 SF, Subdivision Possible
2092 SF, 3 Structures, 3 Units with Carports

2) Parcel Number 3-1-1-16-26 - MLS# 711445
11-3223 Mokuna Street Volcano, 96785
Zoning: A-1A; Lot Size: 10,000 SF
832 SF, 2 Structures, 2 Units with Carports

3) Tax Key Number 3-2-8-018-035 - MLS# 711985
28-1712 Honomu Road; Honomu, HI 96728
Zoning: RS-7.5; Lot Size: 17,380 SF, Subdivision Possible
2442 SF, 1 Structure, 3 Units, Separate Entrances with Parking

4) Tax Key Number 3-2-2-018-010 - MLS# 712305
161 HOKU STREET Hilo, HI 96720
Zoning: RS-3.75 (Multifamily); Lot Size: 3,554 SF
1602 SF, 1 Structure, 2 Units, Designated Off-Street Parking

Renovation and Improvements Done to All Units Recently. All Customary Public Utilities Available to the Units. All Fee simple. AS-IS”. All Showing for occupied units will be done after an accepted contract to reduce disturbing the tenants. Palai Street Unit B is currently vacant for showing purposes, but easy to fill. Potential tenants are on a waiting list. New Quartz countertop with undermount sink to be installed by mid July, 2024.

Property Details

Price: $2,426,000
Sold Price:
Address: 76 PALAI ST, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential Income
Type:

Total Bedrooms: 10
Total Bathrooms: 6
Full Baths: 5
Living Area: 3,704 Square Feet

Listed by: Big Island Properties
Year Built: 1954
Levels:

Features and Amenities

Interior Features:
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Pool:
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Appliances:
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Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: WAIAKEA HIGHLAND VIEW LOTS
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: Square Feet
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Lease Type:
Land Tenure: Fee Simple
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Roads: County, Paved, Private
Roads Frontage Type:
Zoning: RS-10
Horse Amenities:

Additional Details

Assessed Tax Value: $0
Annual Tax: $3,705
Tax Year: 2023
Tax Lot: 3
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer: Cesspool, Septic Tank
Water: Cistern
Solid Waste Disposal: None

First Listed July 10, 2024, 7:30 am
Last Updated July 17, 2024, 7:03 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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