76-a Palai St, HILO, Hawaii

$872,030

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5

Beds

3

Baths

2,092

Square feet

0.46

Acres

About 76-a Palai St

Nice rental property in Hilo. All units have been renovated. Three individual and separate rentals with carports on one TMK# makes for easy management. Good tenants, good income. Unit B is currently vacant for showing purposes, but easy to fill. Renovations on all three units: New roofing or refinished in some area 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 about 5 years ago. All units have a separate electric meter installed by HELCO. Subdivision possible. Buyer is advised to do their due diligence. Rent roll: Unit A $1832.46 Unit B $2000-$2100 (Pro-forma) Unit C $1937.17. There are actually 6 bedrooms, but the County shows 5. Unit A has 1 full bath with an outside toilet. Unit B has 1 full bath with an outside shower. Unit C has 1 full bath inside. the See the county letter in the addenda attachments that says: The three buildings on the lot were built between 1954-1958 are not grandfathered-in, but a variance is also not needed. These structures are non-conforming. Any additions or changes made to the structures must meet current codes along with Department of Public Works Building Division codes.

Features of 76-a Palai St

MLS® # 710954
Price $872,030
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Half Baths 1
Square Footage 2,092
Acres 0.46
Type Multi-Family
Status Active

Community Information

Address 76-a Palai St
Subdivision WAIAKEA HIGHLAND VIEW LOTS
City HILO
State Hawaii
Zip Code 96720

Amenities

Parking Assigned, Covered, Attached, Detached
Is Waterfront No
Has Pool No

Exterior

Exterior Fir/Pine
Roof Corrugated Iron

Additional Information

Date Listed May 16th, 2024
Days on Market 141
Zoning RS-10
Foreclosure No
Short Sale No

Listing Details

OfficeBig Island Properties

Listing Map

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