76 PALAI ST
Hilo, HI 96720
- 5 beds
- 3.5 baths
- 2,092 sqft
- ~1/2 acre lot
- $405 per sqft
- 1958 build
Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports on one TMK# makes for easy management. Good tenants, good income. Subdivision possible. Buyer is advised to do their due diligence. Renovations on all three units: New roofing & refinished in some areas New countertops, Quartz in unit B New paint, interior and exterior New windows in unit B New bathrooms New flooring New lighting, fans New hardware New faucets New carpentry work throughout Fumigation was completed. All units have a separate electric meter installed by HELCO. Rent roll: Unit A $1,832.46 Unit B $2,100 Unit C $1,937.17. Cap Rate 7.5% The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county.
Last checked:
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Last updated Nov 11, 2024
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MLS# 710954 —
The Building
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Max Year Built:1958
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Min Year Built:1954
Room Dimensions
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Interior (Total)/Living Area:2,092 Sqft
Financial & Terms
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Land Tenure:Fee Simple
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Assessed Value:$333,800
Location
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Latitude:19.67885369
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Longitude:-155.06470544
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Lava Zone:3
The Property
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Lot Number:3
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Zoning:RS-10
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Land Area:20210
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Oceanfront:N
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Roads:County
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Form:Multi-Family
Listing Agent
- Contact info:
- Agent phone:
- (808) 345-2202
- Office phone:
- (808) 345-2202
Taxes
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Taxes:$3,705.18
Beds
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Bedrooms:5
Baths
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Baths:3.03
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Full Baths:3
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Half Baths:1
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Quarter Baths:2
The Listing
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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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TV Access:Antenna, Cable, Satellite
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Phone Access:Cable, Cell, Land Line, Satellite
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Solid Waste Disposal (Trash):Private Contractor
Schools
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School District:South Hilo
The Community
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Subdivision:WAIAKEA HIGHLAND VIEW LOTS
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Pool:No
Parking
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Vehicle Storage/Parking:Assigned, Covered, Attached, Detached
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/12/24
Oct 12, 2024
|
Price Changed | HISMLS | $849,000 | -2.6% |
|
7/29/24
Jul 29, 2024
|
Price Changed | HISMLS | $872,030 | -1.9% |
|
7/22/24
Jul 22, 2024
|
Price Changed | HISMLS | $889,000 | -1.1% |
