307 LEHUA ST

Hilo,HI 96720

$ 2185000

$ 2325000 6.0%

5 Beds

23 Baths

7684 SqFt


Key Details

Sold Price $2,185,0006.0%

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,684 sqft

Price per Sqft $284

Subdivision Puueo Lots

MLS Listing ID 702016

Sold Date

Bedrooms 5

Full Baths 23

HOA Y/N No

Originating Board Hawaii Information Service

Year Built 1962

Annual Tax Amount $4,011

Tax Year 2022

Property Sub-Type Multi Family

Property Description

Apartment Complex -- an excellent investment opportunity in Hilo! This 22-Unit property consisting of three parcels is occupied by numerous long-term tenants. Conveniently located on the corner of Puueo and Lehua Streets and walking distance to Downtown Hilo with Hilo's Farmer's Market, restaurants, retail stores, post office, eateries, and more!

* 307 Lehua Street, Hilo (TMK 3-2-6-004-038) -- 7,357 SF
Six Units - Each approximately 312 SF
Studio/1BA, Range/Oven, Refrigerator, Solar Water Heaters

* 311 Lehua Street, Hilo (TMK 3-2-6-004-008) -- 7,000 SF
Duplex - 1,260 SF
One 2BR/2BA and One Studio/1BA/Covered Lanai
Currently unoccupied; plans to renovate into a Duplex with transferrable building permit.

* 127 Puueo Street, Hilo (TMK 3-2-6-004-039) -- 7,500 SF
Two Story - Fourteen Units
Two 1BR/1BA, Range/Oven, Refrigerator (Approximately 360 SF)
Six Studio/1BA, Range/Oven, Refrigerator (Approximately 300 SF)
Six Studio/1BA, Microwave, Refrigerator (Approximately 264 SF)

Location

State HI

Community Puueo Lots

Area 21857.0

Zoning RM-1

Region South Hilo

City Region South Hilo

Exterior

Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Connected

View Y/N No

Garage Yes

Building

Story 1

Entry Level Two

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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