127 KANOELANI ST Unit 1
Hilo, HI 96720
- 7 beds
- 4 baths
- 5,746 sqft
- ~1/2 acre lot
- $199 per sqft
- 1987 build
Prime Multi-Unit Property with Income Potential & Owner-Occupant Opportunity This exceptional multi-unit property, located on a spacious 26,640 sq ft lot with two private driveways, offers a unique opportunity for both investment and owner-occupancy. Recently remodeled and move-in ready, the layout ensures privacy for all units while maximizing rental income potential. Front Home: Features three units: Main Unit: A 3-bedroom, 2-bathroom home with generous living space, a large lanai, and a 2-car carport. Upstairs Unit: A 1-bedroom, 1-bathroom unit with a kitchen, private access, exterior lanai, and 2-car carport. Downstairs Unit: A 1-bedroom, 1-bathroom unit with its own carport, ideal for small households. All three units are occupied, generating reliable rental income. Back Home: A spacious 4-bedroom, 2-bathroom home with a carport, currently vacant, offers an ideal opportunity for owner-occupancy. The back home also includes a 1-bedroom, 1-bathroom unit, which is being leased for additional rental income. While distant ocean views from the back lanai enhance the peaceful atmosphere, the true value of this property lies in its versatility. The large lot offers ample space for landscaping, gardening, and additional privacy. Whether you choose to live in the back home while collecting income from the front units or lease all units for maximum cash flow, this property offers long-term financial potential. A rare opportunity to invest in both a tranquil residence and a profitable rental property. E Komo Mai (Welcome and Come on by) The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties
Listing courtesy of HISMLS / Hara Chun Realty, LLC
Last checked:
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Last updated Jan 29, 2025
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MLS# 712511 —
The Building
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Design:Wood Frame
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Building Units:1
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Max Year Built:1987
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Min Year Built:1951
Interior
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Floors:Carpet, Ceramic Tile, Hardwood, Vinyl
Room Dimensions
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Interior (Total)/Living Area:5,746 Sqft
Financial & Terms
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Land Tenure:Fee Simple
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Assessed Value:$1,113,600
Location
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Latitude:19.6905565
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Longitude:-155.07921647
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Lava Zone:3
The Property
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Lot Number:10
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Lot Description:Other (remarks), Grassy
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Zoning:RS-15
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Exterior Area:2212
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Land Area:26640
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Oceanfront:N
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Roads:County
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Form:Residential
Listing Agent
- Contact info:
- Office phone:
- (808) 936-3297
Taxes
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Taxes:$11,508.48
Beds
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Bedrooms:7
Baths
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Baths:4.0
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Full Baths:4
The Listing
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Tour:
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Tours:1
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Distressed Property:Standard Sale
Utilities
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Water:County
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Power:Overhead
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Sewer:Cesspool
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Solid Waste Disposal (Trash):None
Appliances
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Washer & Dryer:Dryer, Washer
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Appliances:Disposal, Refrigerator, Range/Oven, Range Hood
Schools
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School District:South Hilo
The Community
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Subdivision:WAIAKEA HOMESTEADS 1ST SERIES
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Pool:No
Parking
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Carport Area:460
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Vehicle Storage/Parking:Attached, None
Monthly cost estimate
Asking price
$1,145,500
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,133
|
Taxes | $959 |
Insurance | $315 |
Utilities | $623 See report |
Total | $8,030/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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1/4/25
Jan 4, 2025
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Listed / Active | HISMLS | $1,145,500 |