76 PALAI ST, HILO, HI 96720

$2,426,000
10
BD
5
BA
3,704
SqFt
List Price
$2,426,000
Days on Market
14
MLS#
712297
Status
ACTIVE
Type
Multifamily
Bedrooms
10
Bathrooms
5
Living Area
3,704
Land Tenure
Fee Simple
Neighborhood
Waiakea Highland View Lots

Property Description

Four separate parcels, 7 dwelling structures totaling 10 rented units. All Stable Cash Flowing Properties with Strong History of High Occupancy. Possible Added Value by Subdividing some of the Lots. Off-Street Parking or Carport Space for All Units. Refer to MLS #'s 710954, 711445, 711985, 712305 for information on each individual property. 1) Tax Key Number: (3) 2-2-055-008 - MLS# 710954 76 A E Palai Street Hilo, 96720 Zoning: RS-10; Lot Size: 20,210 SF, Subdivision Possible 2092 SF, 3 Structures, 3 Units with Carports 2) Parcel Number 3-1-1-16-26 - MLS# 711445 11-3223 Mokuna Street Volcano, 96785 Zoning: A-1A; Lot Size: 10,000 SF 832 SF, 2 Structures, 2 Units with Carports 3) Tax Key Number 3-2-8-018-035 - MLS# 711985 28-1712 Honomu Road; Honomu, HI 96728 Zoning: RS-7.5; Lot Size: 17,380 SF, Subdivision Possible 2442 SF, 1 Structure, 3 Units, Separate Entrances with Parking 4) Tax Key Number 3-2-2-018-010 - MLS# 712305 161 HOKU STREET Hilo, HI 96720 Zoning: RS-3.75 (Multifamily); Lot Size: 3,554 SF 1602 SF, 1 Structure, 2 Units, Designated Off-Street Parking Renovation and Improvements Done to All Units Recently. All Customary Public Utilities Available to the Units. All Fee simple. AS-IS”. All Showing for occupied units will be done after an accepted contract to reduce disturbing the tenants. Palai Street Unit B is currently vacant for showing purposes, but easy to fill. Potential tenants are on a waiting list. New Quartz countertop with undermount sink to be installed by mid July, 2024.

Additional Information

Roads
Private, Paved, County
Parking
Other (remarks)
Taxes Annual
$3705
Lot Number
3
Zoning
RS-10
Water
County, Catchment
Power
Overhead
Sewer
Cesspool, Septic, Sewer-Connected
District
South Hilo
Year Built
1958

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Listing courtesy of Big Island Properties.

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