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    15-1419 Railroad Ave

    Keaau, HI 96749
    • $1,100,000
    • STATUS: Active
    • ON SITE: 22 Days
    • MLS #: 654639
    UPDATED: 68 min ago
    $1,100,000
    • 4
      BEDS
    • 2.32
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    • 2,472
      SQFT
    • $445
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2016
    Area:

    School Ratings & Info

    Description

    If you have been wanting to have an INSTANT INCOME and live a tropical lifestyle, this amazing property could be perfect! Situated on TWO oversize lots that total 2.32 LUSHLY LANDSCAPED Acres; with Three dwellings! Live in the main home and continue to rent out the other three legal units in the short term vacation rental market. Since the law changed a few years ago making 80% of the vacation rental units illegal, this property with a transferrable STVR License is very valuable & rare. Main home has one bedroom, 1.5 bathrooms; a covered entrance lanai and a large 10' by 24' covered back lanai overlooking the lush gardens and the pool. It also has an attached 480 SF enclosed garage/workshop and golf cart. The in-ground pool is 15' by 40'Behind the main home is a legal 1 bed/1 bath home with a full kitchen. This is being used as a legal hosted vacation rental unit. It has it's own septic system and water tank. This has been well designed with plenty of lush landscaping between the two units for privacy.Then on the adjacent parcel, that is included in the sale, tmk 3-1-5-42-253 there are two separate LICENSED STVR Units. Larger unit has full kitchen and one bedroom with full bathroom. The third unit is 1 bedroom 1 bath. Both of these have privacy plantings.Ideal location approx 15 min from City of Hilo and an 8 min drive to quaint Pahoa Town for the new multi-million shopping center with gym, shopping, art boutiques, restaurants, banks, churches and grocery store. Pahoa also has an Olympic size pool and skatepark. Also just a few minutes to the ocean cliffs to watch whales frolic during whale season.The property is being sold TURN-KEY with everything you need to immediately take over the rentals that are in place for many months. The sellers will help the new buyers set up their own VRBO and Airbnb listings and will help facilitate the transfer of the rental reservations. 81% Occupancy! Amazing opportunity

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    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-10-21T21:34:21.197.
    www.alohakonarealty.com/homes/121855287
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    15-1419 Railroad Ave Keaau, HI 96749

    • Price: $1,100,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 654639
    4
    Beds
    4
    Baths
    1
    ½ Baths
    2.32
    Acres
    2,472
    SQFT
    $445
    $/SQFT
    2016
    Built
    Neighborhood:
    Hawaiian Paradise Park
    Area:
    Puna
    Property Description
    If you have been wanting to have an INSTANT INCOME and live a tropical lifestyle, this amazing property could be perfect! Situated on TWO oversize lots that total 2.32 LUSHLY LANDSCAPED Acres; with Three dwellings! Live in the main home and continue to rent out the other three legal units in the short term vacation rental market. Since the law changed a few years ago making 80% of the vacation rental units illegal, this property with a transferrable STVR License is very valuable & rare. Main home has one bedroom, 1.5 bathrooms; a covered entrance lanai and a large 10' by 24' covered back lanai overlooking the lush gardens and the pool. It also has an attached 480 SF enclosed garage/workshop and golf cart. The in-ground pool is 15' by 40'Behind the main home is a legal 1 bed/1 bath home with a full kitchen. This is being used as a legal hosted vacation rental unit. It has it's own septic system and water tank. This has been well designed with plenty of lush landscaping between the two units for privacy.Then on the adjacent parcel, that is included in the sale, tmk 3-1-5-42-253 there are two separate LICENSED STVR Units. Larger unit has full kitchen and one bedroom with full bathroom. The third unit is 1 bedroom 1 bath. Both of these have privacy plantings.Ideal location approx 15 min from City of Hilo and an 8 min drive to quaint Pahoa Town for the new multi-million shopping center with gym, shopping, art boutiques, restaurants, banks, churches and grocery store. Pahoa also has an Olympic size pool and skatepark. Also just a few minutes to the ocean cliffs to watch whales frolic during whale season.The property is being sold TURN-KEY with everything you need to immediately take over the rentals that are in place for many months. The sellers will help the new buyers set up their own VRBO and Airbnb listings and will help facilitate the transfer of the rental reservations. 81% Occupancy! Amazing opportunity
    Exterior Features

    Carport Area Total 320 Design Double WallWood Frame Exterior Area Total 640 Fence Rock/StoneOther (Remarks)Vinyl Frontage Road/StreetOther (Remarks) Garage Area Total 460 Land Tenure Fee Simple Lot Description GrassyOther (Remarks)Wooded Ocean Front N Pool N Roads PrivateUnpaved Topography Fairly Level View ForestGarden

    Interior Features

    Appliances RefrigeratorRange/Oven Floors Hardwood Washer Dryer DryerOther (Remarks)Washer

    Property Features

    Assessed Value 413600 Assessment Year 2021 Distressed Standard Sale Features LandscapedRecreation AreaStorage Area Lava Zone 3 Lot Number 113 Oceanfront Unit N N Phone Service CableLand Line Power Overhead Property Type Multi-FamilyResidential Sewer CesspoolSepticOther (Remarks) Solid Waste Disposal None Tax Key 315042254 Taxes 2259.53 Terms CashConventional Tv Availability Cable Vehicle Parking CoveredAttachedOther (Remarks) Water Catchment Zoning A-1A

    Listing information © 2021 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Big Island Brokers.


    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2021-10-21T21:34:21.197.
     
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    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740