332 KAUILA ST #1-4 Hilo, HI 96720
2 Beds
4 Baths
4,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $111
Subdivision Puueo
MLS Listing ID 718910
Bedrooms 2
Full Baths 4
HOA Y/N No
Originating Board Hawaii Information Service
Year Built 1933
Annual Tax Amount $4,140
Tax Year 2024
Property Sub-Type Four Or More Units
Property Description
Discover this exceptional 4-plex located just a short stroll from Downtown Hilo, where convenience meets charm. Ideal for both investors and multi-generational families, this property offers a range of possibilities with its four distinct units, each featuring private entries, individual kitchens and bathrooms, and dedicated parking stalls.
Key Features:
Prime Location: Walking distance to Downtown Hilo, grocery stores, and a variety of restaurants. Enjoy the vibrant local community and amenities just moments away.
Income Potential: Two of the four units are currently rented, providing immediate rental income. Unit 1 and 2 tenant occupied on a month-to-month lease. Unit 3 and 4 are vacant.
Flexible Use: Whether you're looking to live in one unit while renting out the others, use the property for short-term rentals, or accommodate family members in close proximity, this 4-plex offers versatility to suit your needs.
Unit Breakdown:
Unit 1: Spacious 1-bedroom, 1-bathroom with a recently renovated kitchen including a range/oven and refrigerator. Perfect for a comfortable and modern living experience.
Unit 2: Cozy studio with a full bath and a well-equipped kitchen featuring a range/oven and refrigerator. Large walk-in pantry.
Unit 3: Another inviting studio with a full bath and a kitchen complete with range/oven and refrigerator. Offers a charming and functional living space.
Unit 4: Recently renovated large 1-bedroom, 1-bathroom unit with a kitchen equipped with a range/oven and refrigerator. Move-in ready and perfect for immediate use.
Each unit is separately metered, ensuring ease of management and billing. Don't miss this fantastic opportunity to invest in a property with strong rental potential or create a multi-generational living space in one of Hilo's most desirable locations.
Location
State HI
Community Puueo
Area 7508.0
Zoning RM-1
Region South Hilo
City Region South Hilo
Exterior
Parking Features Assigned
Utilities Available Electricity Available, Sewer Connected
View Y/N No
Garage No
Building
Lot Description Cleared
Entry Level One
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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