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35 Terrace Dr

Hilo, HI 96720
  • $825,000
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • MLS #: 657486
Under Contract
UPDATED: 26 min ago
$825,000
  • 5
    BEDS
  • 0.28
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,744
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1969
Area:

School Ratings & Info

Description

35 Terrace Dr. is located in a very sought after neighborhood. Perfect for walks with the family and in the E.B. Desilva school district. This 5 Bed, 3.5 Bath home consists of over 2,700 square feet of living area, lanai space that overlooks Hilo and tons of parking. Upstairs you will find a 3 bed, 2 Bath floor plan with an open concept kitchen & living room. (Renovated in 2018) The home boasts a two story layout that is perfect for large families or potential rental income as the separation of floors are only accessible from exterior of the home. The two studios downstairs from the main home is currently utilized as a 2 separate hosted short term vacation rental which can accommodate up to 8 guests total. (Renovated in 2019) Between the two rentals they can generate an income of anywhere from $5,000 - $7,000 a month. Occupancy rate is approximately 95%.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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© 2022 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: 2022-01-23T10:34:19.377.
www.alohakonarealty.com/homes/124481094
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35 Terrace Dr Hilo, HI 96720

  • Price: $825,000
  • Status: Active Under Contract
  • On Site: 16 Days
  • Updated: 26 min ago
  • MLS #: 657486
5
Beds
3
Baths
1
½ Baths
0.28
Acres
2,744
SQFT
$301
$/SQFT
1969
Built
Neighborhood:
Ponahawai
Area:
South Hilo
Property Description
35 Terrace Dr. is located in a very sought after neighborhood. Perfect for walks with the family and in the E.B. Desilva school district. This 5 Bed, 3.5 Bath home consists of over 2,700 square feet of living area, lanai space that overlooks Hilo and tons of parking. Upstairs you will find a 3 bed, 2 Bath floor plan with an open concept kitchen & living room. (Renovated in 2018) The home boasts a two story layout that is perfect for large families or potential rental income as the separation of floors are only accessible from exterior of the home. The two studios downstairs from the main home is currently utilized as a 2 separate hosted short term vacation rental which can accommodate up to 8 guests total. (Renovated in 2019) Between the two rentals they can generate an income of anywhere from $5,000 - $7,000 a month. Occupancy rate is approximately 95%.Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
Exterior Features

Fence Hollow Tile Land Tenure Fee Simple Lot Description ClearGrassyInside Ocean Front N Pool N Roads CountyPaved Topography Fairly Level

Interior Features

Appliances DisposalDishwasherOvenRefrigerator Floors Carpet

Property Features

Assessed Value 527700 Assessment Year 2021 Distressed Standard Sale Lava Zone 3 Lot Number 4 Oceanfront Unit N Power Overhead Property Type Residential Security None Sewer Cesspool Solid Waste Disposal Private Contractor Tax Key 325029030 Taxes 4525.00 Terms CashConventional Vehicle Parking AssignedCovered Water County Zoning Rs-10

Listing information © 2022 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Better Homes And Gardens Real Estate Hank Correa Realty.


© 2022 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: 2022-01-23T10:34:19.377.
 
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Aloha Kona Realty, Inc.
75-5852 Alii Dr. V-14
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