Description
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.Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
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15BEDS
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0.29ACRES
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3BATHS
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21/2 BATHS
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4,866SQFT
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$144$/SQFT
School Ratings & Info
Description
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.Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
© 2025 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: 2025-01-15T19:35:07.21.