111 Chong St

MLS® 670706 (Hawaii Real Estate) is located at 111 Chong St HILO HI 96720 in CHARLES CHONG MAN SUBDIVISION . The current listing status is Contingent. This 10 bed and 6 bath Home was built in 1992 and features 4040 finished sq.ft with a lot size of 0.27 acres. This property has a reported annual taxes of $4,836. This property is currently listed for an *asking* price of $995,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Once upon a time, two sisters and their husbands built two identical 5 bed/3 bath homes on a single lot on Hilo to raise their families together. After the children were grown, the homes were rented affordably to help young local families, a tradition the current owner has continued. There are multiple possibilities here. Continue as a long term rental property. Or live in one house, and rent the other for income. Or two families could purchase the property, an arrangement becoming more popular with home prices out of reach for many. The front house was renovated in 2018 with new kitchen appliances, new flooring, new paint, and updates to the en suite bath in the main bedroom. Prior to current ownership, the garage was converted to a rec room and a carport added. These are the only portions of the property added without permits. Furniture in this home may be available under separate bill of sale. The back house was recently painted inside and some appliances have been replaced. This house has a two car garage. Each home has its own electric and water meters and cable for high speed internet. The Chong St neighborhood formed a road maintenance association to repave almost a mile of road in 2019. Most owners make voluntary contributions of $60/year for maintenance. Generous neighbors also constructed and donated an easement for a path to Kaumana Lani Park so neighborhood residents can walk from Chong St without going on busy Kaumana Drive. The elevation keeps the homes cool even in summer months. From the upstairs bedrooms, on clear days there is a view of Mauna Kea. The location is close to downtown Hilo, Hilo Medical Center, the University of Hawaii and HCC campuses, and also has easy access to Saddle Road for trips to the west side. Seller is a licensed real estate broker in Hawaii.