347 Iliahi St

MLS® 705740 (Hawaii Real Estate) is located at 347 Iliahi St HILO HI 96720 in PUUEO LOTS . The current listing status is Active. This 15 bed and 3 bath Home was built in 1918 and features 4866 finished sq.ft with a lot size of 0.29 acres. This property has a reported annual taxes of $7,181. This property is currently listed for an *asking* price of $850,000 (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.

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo. This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month. The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business. Don’t let this investment opportunity slip you by! Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.