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SOLD
MLS: 607313
 
Asking Price: $850,000 Fee Simple
Sold Price: $770,000
Sold Date: 09/20/2018
Type: Residential
District: South Hilo
Street: 271 Kaiulani St
Neighborhood: Reeds Island
Beds: 4   Baths: 4 Full / 1 Half
Living Area: 2,001 SF
Style: Business
Land Area: 1.13 Acres
Parking: Assigned,Detached
Days on Market: 2527
(The Price of the property was lowered by $109,000 on 03/11/2018)
Year Built: 1961
Easements: Driveway,Other (remarks)
Zoning: RS-15
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $5,546
Assessed Value: $545,000
Assessed Ratio: 155.96%
Listing Courtesy: Sunrise Properties Inc
Terms Acceptable: Cash,Conventional
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MIKATAKI vacation rental

MIKATAKI/MIKAMIZU is very successful vacation rental on Reeds Island. Walk down to private pond, from mauka spring, swimming hole, with waterfall, beautiful. the Mikataki is 4brm 3 bath home and carport has been converted into separate MIKAMIZU 1brm 1bth approx 500 sf vacation rental (note there were no permits obtained for this addition, it has been there for years, but is sold AS IS with regards to permits for same) TOTAL GROSS RENTALS 2014 $109K, 2015 $104K, 2016 $99K

HARDWOOD BEAUTY, CUSTOM DESIGN, EACH BEDROOM HAS ITS OWN MOTIFF, COMES TURN KEY, fully furnished, all dishes linens, appliances, everything you need to continue the vacation rental business. Showings and sale must honor future books. Truly a unique, exquisite, one of a kind offering on exclusive Reeds Island local.


 
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