347 Iliahi Street

347 Iliahi Street

Hilo, HI 96720

$850,000
Price
15
Beds
3
Baths
2
1/2 Baths
4,866 Sq. Ft.
$175 / Sq. Ft.
4,866
Sq. Ft.
$175
per Sq. Ft.
a front view of a house with a yard
a view of an entryway with wooden floor
a view of a workspace with furniture and a window
a view of entryway
a bathroom with a sink a toilet and shower
a view of a hallway with wooden floor and staircase
a bathroom with a sink mirror and a bathtub
a bathroom with a sink and a toilet
a view of a hallway with a wooden floor
a bathroom with a sink and a vanity
a kitchen with stainless steel appliances a sink and a refrigerator
a bathroom with a toilet and a shower
a view of a hallway with wooden floor
a view of a bathroom
a kitchen with stainless steel appliances a sink a stove and a window
a view of a white house with large windows and a yard with table and chairs
a view of a house with a backyard

Description

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo. This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. The community of tenants...Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo. This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business. Don’t let this investment opportunity slip you by! Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
  1. Listed by Henry Correa Jr. • License #RB-16506 • Better Homes and Gardens Real Estate Hank Correa Realty
  2. Listed by Henry Correa III • License #RB-22637 • Better Homes and Gardens Real Estate Hank Correa Realty

Property Details for 347 Iliahi Street

Subdivision
PUUEO LOTS
Zoning
RM-1
View
Mountain, Sunset
Land Tenure
Fee Simple

Location

Listing Courtesy of Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa Jr., License #RB-16506; Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa III, License #RB-22637
Add your commute
LISTING UPDATED: 01/24/2024 02:50 PM

Property Details for 347 Iliahi Street

StatusActive
MLS #705740
Days on Market100
Taxes$7,181 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4+ Units
Year Built1918
Lot Size0.29 AC / 12,543 SF
CountyHawaii County

Location

Listing Courtesy of Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa Jr., License #RB-16506; Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa III, License #RB-22637
Add your commute

Building Information for 347 Iliahi Street

Stories-Residences-Year Built1918Building Size-Lot Size0.29 AC / 12,543 SF

Payment Calculator

$5,237 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$598

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 347 Iliahi Street

Summary
Location and General Information
  • Topography: Steep Slope
  • Latitude: 19.72914191
  • Location: 347 ILIAHI ST
  • Longitude: -155.09100319
  • Oceanfront Parcel: N
  • Street: ILIAHI ST
  • Street Address Full: 347 ILIAHI ST HILO HI 96720
  • Street Number: 347
  • City: HILO
  • District: South Hilo
  • Zip Code: 96720
Taxes and HOA Information
  • Exempt Amount: $0
  • Tax Year: 2023
  • Taxes (Annual): $7,180.59
  • Taxkey: 3-2-6-3-17
  • Taxkey9: 326003017
Parking
  • Garage Area (Total): 0.0
  • Carport Area (Total): 0.0
  • Carport Spaces (Total): 0.0
  • Vehicle Storage/Parking: Other (remarks)
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: County
  • Structures: Yes
  • Roofed Areas (Total): 0.0
  • Agriculture Dedicated: No
  • Year Built Maximum: 1918
  • Year Built Minimum: 1918
  • Exterior Area (Total): 0.0
  • Interior Area (Total): 4866.0
  • Land Area: 12543.0
  • Lot Description - Land: Grassy
  • Other Square Footage (Total): 0.0
  • Frontage: Stream/Canal, Road/Street
  • Flood Zone: X
  • Lava Zone: 8
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $646,900
  • Assessment Year: 2023
  • Property Type: Multi-Family
  • Photos: 18
Utilities
  • Power: Overhead
  • Wastewater: Sewer-Not Connected
  • Water: County
  • Solid Waste Disposal (Trash): Private Contractor
Interior and Exterior Features
Exterior Features
  • Fence/Wall: Chain Link
  • Pool: N
Interior Features
  • Features: Ceilings-9'+, CO2 detection, Kitchen-Community, Smoke/Heat Detector
  • TV Availability: Cable
  • Stories Number Maximum: 0
  • Stories Number Minimum: 0
  • Bathrooms (Total): 3
  • Baths 1/2 (Total): 2
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 3
  • Bedrooms (Total): 15
  • Internet Availability: Cable
Multi Family
Multi-Family Information
  • # of Units (Total): 0
Agent
Sale and Listing
  • Ownership: Full
  • Price Direction: +
  • Media Changed: 01-22-2024
  • Terms Acceptable: Cash, Conventional
  • Listor Name: Henry J. Correa Jr.
  • Days on Market: 4
  • First Photo Sequence: 1
  • Subtype of Listing: 4+ Units
  • Remarks - Public: Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.<br><br>This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month.<br><br>The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.<br><br>Don’t let this investment opportunity slip you by!<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 326

Property History for 347 Iliahi Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 347 Iliahi Street

Taxable ValueLand$145,400Additions$501,500Total$646,900
Tax Record2023$7,181 ($598 / month)
Home Facts
Beds15Baths8Total Finished SqFt6,362 SqFtAbove Grade Finished SqFt4,866 SqFtFinished Basement SqFt1,496 SqFtStories1Lot Size12,543 SqFtStyleSingle Family ResidenceYear Built1918Year Renovated1965Zoning2B-MULTI FMLYCountyHAWAIIAPN3-2-6-003-017

Schools near 347 Iliahi Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Hilo Union Elementary School
Public - PK to 6
Hilo Intermediate School
Public - 7 to 8
Hilo High School
Public - 9 to 12
Connections - New Century Public Charter School
Charter - K to 12
Rating
School
Distance
Hilo Union Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 to 12

Connections - New Century Public Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 347 Iliahi Street, Hilo, HI 96720

347 Iliahi Street is a multi-family home for sale in Hilo, HI 96720. This property was listed for sale on January 22, 2024 by Better Homes and Gardens Real Estate Hank Correa Realty, it's currently listed at $850,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Hilo Union Elementary School, Hilo Intermediate School and Hilo High School. 347 Iliahi Street is a 15-bed, 4-bath, 4,866 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa Jr., License #RB-16506; Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa III, License #RB-22637