20 ALAE ST, Hilo, HI 96720
20 ALAE ST, Hilo, HI 96720
20 ALAE ST, Hilo, HI 96720
20 ALAE ST, Hilo, HI 96720
20 ALAE ST, Hilo, HI 96720
20 ALAE ST, Hilo, HI 96720
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$ 778,000
Est. payment | /mo

5 Beds

2 Baths

3,394 SqFt


$ 778,000
Est. payment | /mo

5 Beds

2 Baths

3,394 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,394 sqft

Price per Sqft $229

Subdivision Halai Tract

MLS Listing ID 730224

Bedrooms 5

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,127

Tax Year 2023

Lot Size 6,660 Sqft

Property Sub-Type Single Family Residence

Source Hawaii Information Service

Land Area 6660

Property Description

LOCATION, LOCATION, LOCATION! Ideally situated in the heart of Hilo, this beautifully renovated and fully furnished 5-bedroom, 2-bath residence offers exceptional convenience just minutes from the Hilo Medical Center, schools, parks, shopping, dining, and everyday essentials. Whether you are seeking an investment opportunity, a multi-generational living arrangement, or a spacious place to call home, this versatile property offers outstanding flexibility and potential.

The upper level features a bright open-concept layout with laminate flooring throughout the main living areas, along with 3 bedrooms and 1 full bath. Step onto the expansive covered lanai and enjoy distant ocean horizon views, the perfect setting for morning coffee, sunset relaxation, or entertaining guests. The kitchen is both stylish and functional, featuring butcher block countertops, floating wood shelving, and seamless flow into the spacious living area.

The lower level includes a large enclosed basement with 2 additional bedrooms, 1 full bath, and a kitchen, providing excellent options for extended family, guests, or potential rental income.

With RM-1 zoning, the property may offer opportunities for multifamily use or a hosted vacation rental, subject to County regulations and approval.

Being sold turnkey and fully furnished, this move-in-ready home is ready for immediate occupancy or income-producing use in one of Hilo's most desirable in-town locations.

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Location

State HI

County Hawaii Island (big Island)

Community Halai Tract

Area Hi

Zoning RM-1

Region South Hilo

City Region South Hilo

Interior

Hot Water Electric

Flooring Laminate

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Other

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N Yes

View Ocean Horizon

Topography Fairly Level

Garage No

Private Pool No

Land Tenure Fee Simple

Waterfront YN No

Building

Lot Description Grassy

Entry Level Two

Construction Status Updated/Remodeled

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard

Virtual Tour https://show.tours/v/rj3PTWj

Hawaii Information Service (HIS)
Listed by Hokulani Realty LLC

Nearby School & Business

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Jennifer Bien

Jennifer Bien

+1(808) 938-3052

Agent | License ID: RB-24077

Agent License ID: RB-24077

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