350 Lehua Street

Hilo, HI 96720

$649,000
Price
6
Beds
3,106 Sq. Ft.
$209 / Sq. Ft.
3,106
Sq. Ft.
$209
per Sq. Ft.

Description

$150,000 price reduction and Seller financing available. Approximately $3500 per month in income… Set in Wainaku, the original heart of Hilo, this Victorian home is a perfect opportunity for the right investor. Zoned Multi-Family, this property is leased to long term tenants. The six units are fully occupied and generate approximately $3500 in gross rents with substantial additional potential given current demand levels. Alternatively it could be converted to professional offices or made into a fabulous...$150,000 price reduction and Seller financing available. Approximately $3500 per month in income… Set in Wainaku, the original heart of Hilo, this Victorian home is a perfect opportunity for the right investor. Zoned Multi-Family, this property is leased to long term tenants. The six units are fully occupied and generate approximately $3500 in gross rents with substantial additional potential given current demand levels. Alternatively it could be converted to professional offices or made into a fabulous single family home. There is a large garage, workshop and office in the basement that are not shown in the photos. Look at the Matterport 360 tour and Cubi-Casa images for an approximate layout. A walkthrough video is also available on request. Schools, banks, supermarkets, farmer's market, post office, restaurants and bars are all within walking distance. Honoli'i Beach Park, known for its surfing, is less than a five minute drive. Showings are restricted to Thursdays 10am - 2pm to qualified Buyers Only.
  1. Listed by Vegod Dutt • License #RS-80490 • Keller Williams Honolulu • (808) 765-8040
  2. Listed by Sean J Koscil • License #RS-80082 • Keller Williams Honolulu • (808) 765-8040

Property Details for 350 Lehua Street

View
Other
Zoning
00 - Residential
Neighbourhood
PUUEO
Flood Zone
Zone X
Stories/Levels
Three
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Keller Williams Honolulu, Vegod Dutt, License #RS-80490; Keller Williams Honolulu, Sean J Koscil, License #RS-80082
Add your commute
LISTING UPDATED: 12/26/2022 09:33 AM

Property Details for 350 Lehua Street

StatusActive
MLS #202213788
Days on Market251
Taxes$378 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1945
Lot Size0.21 AC / 9,358 SF
CountyHawaii County

Location

Listing Courtesy of Keller Williams Honolulu, Vegod Dutt, License #RS-80490; Keller Williams Honolulu, Sean J Koscil, License #RS-80082
Add your commute

Virtual Tour

Building Information for 350 Lehua Street

Stories-Residences3Year Built1945Building Size-Lot Size0.21 AC / 9,358 SF

Payment Calculator

$3,739 per month

30 year fixed, 6.73% Interest

Principal and Interest

$3,361

Property Taxes

$378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 350 Lehua Street

Summary
    Location and General Information
  • Topography: Other
  • City: Hilo
  • County Or Parish: Hawaii
  • State Or Province: HI
  • Location: Other
    Taxes and HOA Information
  • Tax Amount: $378.00
  • Tax Assessed Value: $437,700.00
  • Tax Assessed Value Improvements: $304,100.00
  • Tax Assessed Value Land: $133,600.00
  • Tax Paid By Seller: No
  • Tax Year: 2021
  • Parcel Number: 3-2-6-004-026-0000
  • HOA YN: No
    Parking
  • Parking Features: Covered, Open
  • Parking Total: 4
  • Other Parking Features: None
Property
    Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 3106.0
  • Sqft Total: 3106.0
  • Land Recorded: Regular System
  • Lot Features: Other
  • Lot Size Area: 9358.0
  • Year Built: 1945
  • Building Type: Other
    Property and Assessments
  • Photo Count: 24
  • Property Condition: Fair
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: Of Record
  • TMK Area: 326
  • TMK Condo Property Regime Number: 0
  • TMK Division: 3
  • TMK Parcel: 26
  • TMKPLAT: 4
  • TMK Section: 6
  • TMK Zone: 2
    Utilities
  • Utilities: Other
  • Sewer: Other
  • Utilities Meters: Other
Interior and Exterior Features
    Exterior Features
  • Amenities: Other
  • Construction Materials: Above Ground, Double Wall
  • Easements: Other
  • Recreation Facilities: Other
  • Roof: Aluminum/Steel
    Interior Features
  • Furnished: Partial
  • Laundry Facilities: Other
Multi Family
    Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 1
  • Unit Three Number Of Bed: 1
  • Unit Two Number Of Bed: 1
  • Number Of Units Total: 3
    Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $.00
  • Expenses Include: Other
  • Net Operating Income: $.00
  • Other Income: $.00
Agent
    Sale and Listing
  • DOM: 161
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: S. Hilo
  • Status: Active
  • Public Remarks: $150,000 price reduction and Seller financing available. Approximately $3500 per month in income… Set in Wainaku, the original heart of Hilo, this Victorian home is a perfect opportunity for the right investor. Zoned Multi-Family, this property is leased to long term tenants. The six units are fully occupied and generate approximately $3500 in gross rents with substantial additional potential given current demand levels. Alternatively it could be converted to professional offices or made into a fabulous single family home. There is a large garage, workshop and office in the basement that are not shown in the photos. Look at the Matterport 360 tour and Cubi-Casa images for an approximate layout. A walkthrough video is also available on request. Schools, banks, supermarkets, farmer's market, post office, restaurants and bars are all within walking distance. Honoli'i Beach Park, known for its surfing, is less than a five minute drive. Showings are restricted to Thursdays 10am - 2pm to qualified Buyers Only.
  • Possession: At Closing
    Showing and Remarks
  • Showing Instructions: Appointment Only
Rental
    Rent Information
  • Tenants Responsibilities Include: Other
  • Total Actual Rent: $3,500.00

Property History for 350 Lehua 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 350 Lehua Street

Taxable ValueLand$133,600Additions$304,100Total$437,700
Tax Record2022$4,858 ($405 / month)
Home Facts
Beds7Baths2Total Finished SqFt3,106 SqFtAbove Grade Finished SqFt2,812 SqFtFinished Basement SqFt294 SqFtUnfinished Basement SqFt294 SqFtStories1Lot Size9,322 SqFtStyleSingle Family ResidenceYear Built1945Year Renovated1962Zoning2BCountyHAWAIIAPN3-2-6-004-026

Schools near 350 Lehua Street

This home is within Hawaii Department Of Education.
RatingSchoolTypeGradesDistance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
RatingSchoolDistance
Hilo Union Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 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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350 Lehua Street is a multi-family home for sale in Hilo, HI 96720. This property was listed for sale on July 18, 2022 by Keller Williams Honolulu at $649,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Hilo Union Elementary School, Hilo Intermediate School and Hilo High School. 350 Lehua Street is a 6-bed, 0-bath, 3,106 sqft multi-family home built in 1945.

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 Keller Williams Honolulu, Vegod Dutt, License #RS-80490; Keller Williams Honolulu, Sean J Koscil, License #RS-80082