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199 Kehaulani St #3 (Hilo)

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Photo 1 of 199 Kehaulani St #3, Hilo
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199 Kehaulani St #3, Hilo
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Description
Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 separate buildings.•First home is currently rented. Lease expires 8/31/2025.•Second home recently upgraded and rent ready.•Third building is a large unfinished structure constructed as a house but permitted as storage shed.Well-maintained property offers exceptional potential for passive rental income. This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools.Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.
Recent Activity
  • Feb 17, 2025 Price $895,000
  • Jan 24, 2025 Listed at $975,000
Recent Sales
(Hilo)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $462
  • Zoning: RS-15
  • TMK: 3240100460000
  • Tax Assessed Value: $630,900
  • Courtesy: Century 21 Homefinders of Hawaii / 8089375517
  • MLS: 717758
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 26, 2025.
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  • Asking Price: $795,000
Description
Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 separate buildings.•First home is currently rented. Lease expires 8/31/2025.•Second home recently upgraded and rent ready.•Third building is a large unfinished structure constructed as a house but permitted as storage shed.Well-maintained property offers exceptional potential for passive rental income. This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools.Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 26, 2025.
    • Feb 17, 2025 Price $895,000
    • Jan 24, 2025 Listed at $975,000
    Other Hilo Homes
    $795,000
    1088 Apono Pl
    3 Bds | 3.5 Ba
    1,604 ft²
    $799,000
    708 Kukuau St
    3 Bds | 2 Ba
    2,065 ft²
    $809,000
    1588 Mailani St
    3 Bds | 2 Ba
    1,356 ft²
    $780,000
    39 Laula Rd
    4 Bds | 2 Ba
    2,176 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.