For Sale
$ 850,000
1918 Bungalow
347 Iliahi St
Hilo, Hawaii 96720
Hilo, Hawaii 96720
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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.
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.
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| Bedrooms | 15 |
| Full Baths | 3 |
| Half Baths | 2 |
| Heated Sq. Ft. | 4,866 |
| Acres | 0.3 |
| MLS No. | 705740 |
Features.
- Has Rentable Unit(s)
- Walk-in Shower(s)
- Wood floors
- French doors
- Back porch
Like This Listing?
Contact the Agent directly.
Better Homes and Gardens Real Estate Hank Correa Realty
Hank Correa Jr.
Mobile: 808-960-2626
Broker: 808-961-3300
hank@hankcorrea.com
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