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Key Details
Sold Price $205,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 496 sqft
Price per Sqft $413
Subdivision Waiakea Warehouse Lots
MLS Listing ID 718044
Full Baths 1
HOA Fees $682/mo
Year Built 1969
Annual Tax Amount $1,908
Tax Year 2024
Property Sub-Type Condominium
Property Description
Spacious 2nd-Floor Studio in Prime Hilo Location
This extra-large 496 sq. ft. studio (plus an 80 sq. ft. lanai) is nestled on the quiet north side of Orchid Manor, a secure complex in the heart of Hilo. Fully furnished and move-in ready, the unit features a full-size refrigerator, 4-burner gas stove, split AC, and ample built-in storage. The lanai offers a peaceful outdoor retreat to enjoy Hilo's lush surroundings.
Orchid Manor boasts secured entry, an in-ground pool, on-site laundry, an elevator, a resident manager, and a video security system. Conveniently located within walking distance to Hilo Bay, Banyan Drive, Liliuokalani Gardens, Coconut Island, and downtown Hilo, you'll have easy access to beach parks, restaurants, shopping, and the famous Hilo Farmers Market.
Short-Term Vacation Rentals (STVRs) are not permitted in Orchid Manor, ensuring a more stable, residential atmosphere. This makes it an excellent choice for long-term residents and investors seeking reliable tenancy without the disruptions of transient rentals.
The $682.12 monthly maintenance fee includes electricity, cable, WiFi, water, sewer, gas, garbage pickup, building insurance, and grounds & pool maintenance.
With a strong rental history, this unit is a fantastic opportunity for investors, a turnkey island retreat, or a perfect home base to experience all that Hilo has to offer.
**VACANT & EASY TO SHOW**
Location
State HI
Community Waiakea Warehouse Lots
Area Hi
Building/Complex Name Orchid Manor
Zoning V-.75
Interior
Hot Water Tankless
Heating Zoned
Cooling HIS Air Conditioning, HIS Individual Cooling, Zoned
Flooring Carpet, Ceramic Tile
Laundry Common Area
Exterior
Parking Features Unassigned
Pool Gunite, In Ground, Outdoor Pool
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
View Y/N No
Waterfront YN No
Building
Lot Description Landscaped
Story 3
Others
Monthly Total Fees $682
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition Fee Simple, Standard
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