76-A PALAI ST Hilo, HI 96720
Nice rental property in Hilo. All units have been renovated. Three individual and separate rentals with carports on one TMK# makes for easy management. Good tenants, good income. Unit B is currently vacant for showing purposes, but easy to fill.Renovations on all three units:New roofing or refinished in some areaNew countertops, Quartz in unit BNew paint, interior and exteriorNew windows in unit BNew bathroomsNew flooringNew lighting, fansNew hardwareNew faucetsNew carpentry work throughoutFumigation was completed about 5 years ago. All units have a separate electric meter installed by HELCO. Subdivision possible. Buyer is advised to do their due diligence. Rent roll: Unit A $1832.46 Unit B $2000-$2100 (Pro-forma) Unit C $1937.17. There are actually 6 bedrooms, but the County shows 5. Unit A has 1 full bath with an outside toilet. Unit B has 1 full bath with an outside shower. Unit C has 1 full bath inside. the See the county letter in the addenda attachments that says: The three buildings on the lot were built between 1954-1958 are not grandfathered-in, but a variance is also not needed. These structures are non-conforming. Any additions or changes made to the structures must meet current codes along with Department of Public Works Building Division codes.
- Property TypeMulti-Family
- NeighborhoodWaiakea Highland View Lots
- CountyHawaii
- Taxes$3,705
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number710954
- Home Size Source N/A
- Year Built1954
- Lot Size0.464 Acres
- Full Baths3
- Partial Baths3
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