228 Iwalani St

MLS® 708085 (Hawaii Real Estate) is located at 228 Iwalani St HILO HI 96720 in WAIAKEA HOMESTEADS 3RD SERIES . The current listing status is Active. This 4 bed and 2 bath Home was built in 1964 and features 1768 finished sq.ft with a lot size of 0.35 acres. This property has a reported annual taxes of $5,340. This property is currently listed for an *asking* price of $659,000 (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.

ENDLESS POSSIBILITIES ABOUND FOR THIS MULTI-GENERATIONAL PROPERTY! AMAZING CENTRAL HILO LOCATION ON IWALANI STREET! PLEASE CLICK ON THE MUST SEE VIRTUAL TOUR! These types of generational properties rarely become available. This large 4 bedroom, 2 bath home with multiple family rooms, a wet bar, enclosed shed, and covered outside patio, boasts approximately 2,552sf under roof! The original 3 bedroom 1 bath home consists of 800sf, with an attached carport of 400sf. A permitted family room, rumpus room, and wet bar of 616sf was added on the same level as the original home, and a permitted 1 bedroom, 1 bath of 352sf was added on the second story above this addition. Total interior living area is 1,768sf. But there's more. The original 3 bedroom, 1 bath home, and the 1 bedroom, 1 bath addition can be used as one large home, or partitioned-off to create separate living spaces. Both have their own individual entrances. Covered outside patio houses the central laundry area, and even has an old-style outside toilet and shower, perfect for cleaning up after working in the yard, or a day at the beach! There's also a large cement courtyard area to use as you wish. Behind the carport you will find an enclosed storage shed of 148sf, which could be utilized as storage, or a home office, or explore the many possibilities given your lifestyle needs...you decide! The original home has beautiful solid wood floors in the living room, tile in the kitchen, and carpet in the bedrooms. 1 bedroom, 1 bath addition on the second floor has amazing Hilo town, ocean, and Mauna Kea views! The 15,150sf property is landscaped and well-manicured! Long paved driveway and additional parking spaces for visiting family and guests. This beautiful property is awaiting for you to call it...home!