1303 KALANIANAOLE ST #1-12 Active Save Request In-Person Tour Request Virtual Tour
Hilo,HI 96720
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 3,876 sqft
Price per Sqft $670
Subdivision Keokea Houselots
MLS Listing ID 724411
Bedrooms 12
Full Baths 12
Year Built 1966
Tax Year 2025
Lot Size 8,492 Sqft
Property Sub-Type Condominium
Property Description
Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants.
Features and summary:
- Sale includes 12 CPR units
- 6 studio units upstairs/6 studio units downstairs
- 10 STVR permits (maximum) in place
- 6 units being utilized as STVRs/4 used as longterm rentals
- Split AC in the 6 STVR studio rentals.
- The 4 long-term units have not been renovated
- 1 unit being utilized as office and laundry
- 1 unit utilized as expansion to create double space rental for parties of 4
- Property serviced by sewer
- Recent survey and report available
- 6 active STVR units sold turnkey furnished
- Propane tank on site.
*One of the partners hold a real estate license in the State of California.
*Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.
Location
State HI
Community Keokea Houselots
Area Hi
Building/Complex Name Plumeria Apartments
Zoning V-.75
Exterior
Parking Features Unassigned
Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Connected
View Y/N No
Waterfront YN No
Building
Lot Description Corner Lot
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Fee Simple,Standard