$849,000
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76 Palai St Hilo, HI 96720
Triplex
Residence
5
Beds
6
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports on one TMK# makes for easy management. Good tenants, good income. Subdivision possible. Buyer is advised to do their due diligence. Renovations on all three units: New roo...fing & refinished in some areas New countertops, Quartz in unit B New paint, interior and exterior New windows in unit B New bathrooms New flooring New lighting, fans New hardware New faucets New carpentry work throughout Fumigation was completed. All units have a separate electric meter installed by HELCO. Rent roll: Unit A $1,832.46 Unit B $2,100 Unit C $1,937.17. Cap Rate 7.5% The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county.
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MLS#
710954
Property Type
Triplex
Bedrooms
5
Bathrooms
3 Full/1 Half/2 One-Qtr
Year Built
1954
Price per Sq. Ft.
$405.83
Sewer
Cesspool
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