82-D HOKU ST Active Save Request In-Person Tour Request Virtual Tour
Hilo,HI 96720
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 594 sqft
Price per Sqft $1,052
Subdivision Waiakea
MLS Listing ID 723448
Bedrooms 9
Full Baths 3
Year Built 1945
Annual Tax Amount $3,462
Tax Year 2025
Lot Size 4,322 Sqft
Property Sub-Type Single Family Residence
Property Description
Great Investment Opportunity in Downtown Hilo – ONLY $625,000 Hoku Street, Hilo, HI 96720 Gross Income: $70,000–$80,000 per year. This unique Hilo property has 9 rooms total, 3 bathrooms and 2 kitchens (one upstairs and one downstairs) making it ideal for multi-family use, shared rentals, or long-term tenants. Currently generating $70K–$80K/year = 12%+ gross return based on asking price. Whether you're an investor or looking to live in part and rent the rest, this is a rare chance to own in downtown Hilo – very few homes for sale. What You'll Love: • 9 rooms, 3 baths, 2 kitchens • Income $70K–$80K = 12%+ ROI • Increase ROI up to 50% with accelerated component depreciation • Flexible layout – great for shared housing or multi-unit rentals • Central Hilo – close to shops, schools and more • Room to add value with updates or expansion • Potential to add more units Don't miss this opportunity to own flexible, income-producing property in one of Hilo's most desirable locations.
Location
State HI
Community Waiakea
Area Hi
Zoning RD-3.75
Interior
Flooring Laminate,Vinyl
Exterior
Parking Features Attached
Utilities Available Electricity Available,Other,Water Available
View Y/N No
Waterfront YN No
Building
Lot Description Cleared,Dead End
Sewer Other
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Fee Simple,Standard