36 KOMOHANA ST

Hilo,HI 96720

$ 875000

7 Beds

5 Baths

2756 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,756 sqft

Price per Sqft $317

Subdivision Piihonua Houselots - 3Rd Series

MLS Listing ID 720213

Bedrooms 7

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1936

Annual Tax Amount $3,760

Tax Year 2024

Lot Dimensions 200 x 100

Property Sub-Type Single Family Residence

Source Hawaii Information Service

Land Area 20000

Property Description

**Check out the Video**
Historic Charm Meets Modern Living – Multi-Unit Property with Assumable VA Loan!

This one-of-a-kind property 4300 sqft masterfully blends timeless Japanese craftsmanship with modern updates, offering a unique opportunity for multi-generational living, hosted rentals, or income-producing units—all with the added benefit of an assumable VA loan at 2.875%!

Main Home | 4 Bed, 1.5 Bath | 1,976 Sq Ft
Authentic, Japanese tatami room built with stunning joinery and carved authentic woodwork
Arched doorways, pocket doors/windows, vintage glass knobs, original hardwood floors
Expansive kitchen with floor-to-ceiling cabinetry, formal dining & living rooms
Appliances recently updated, on-demand Renai propane water heater
Renovated upstairs bath with quality finishes
Beautiful big windows throughout provide exceptional airflow. There is generous storage throughout the home
Washer/dryer- discreetly tucked into one bedroom—ideal for a wellness room, studio, or home office

Downstairs Unit | 1 Bed 1 Bath | 1,544 Sq Ft (Furnished vacation rental with its own entrance)
Private, one bedroom apartment with a full kitchen, living room, and office
Move-in ready or continue hosting with a strong rental setup
Bright and spacious, with its own washer and dryer.

Legal 'Ohana | 2 Bed, 1 Bath | (Stand alone, furnished vacation rental with its own carport)
Full kitchen, living area, deep soaking tub
Electrical and plumbing updated or replaced upon renovation, on-demand Renai propane water heater
Office nook, pantry, and excellent ventilation
Two separate entrances, great income history with an independent electric meter.
Under the 'ohana is a 2-car carport, screened in bonus room with 1/2 bath and separate laundry facility

Additional Highlights:
Brand new roof on main home and carport (2024)
There are two carports, 400 sqft each. There is room for parking for up to 8 vehicles

Location

State HI

Community Piihonua Houselots - 3Rd Series

Area Hi

Zoning RS-7.5

Region South Hilo

City Region South Hilo

Interior

Interior Features Built-in Features,Enclosed Lanai,High Ceilings,Office

Hot Water Gas,Tankless

Heating None

Cooling None

Flooring Hardwood,Vinyl

Appliance Disposal,Dryer,HIS Microwave Hood,Microwave,Oven,Range,Range Hood,Refrigerator,Washer,Washer/Dryer Stacked

Exterior

Parking Features Covered,Other

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

View Y/N Yes

View City,HIS Sunrise,Ocean

Topography Fairly Level,Gentle Slope

Garage No

Private Pool No

Building

Lot Description Grassy,Landscaped

Story 2

Entry Level One,Two

Others

Ownership Full

Acceptable Financing 1031 Exchange,Assumable,Cash,Conventional,VA Loan

Listing Terms 1031 Exchange,Assumable,Cash,Conventional,VA Loan

Special Listing Condition Fee Simple,Standard

Virtual Tour https://realestatevideos.vids.io/videos/0691dbb81b18e3c68f/36-komohana-st

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