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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**
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**
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.