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SOLD
MLS: 274238
 
Asking Price: $695,000 Fee Simple
Sold Price: $695,000
Sold Date: 07/27/2016
Type: Multi-Family
District: South Hilo
Street: 56 Pukihae St
Neighborhood: Puueo Lots
Beds: 4   Baths: 4
Living Area: 3,428 SF
Style: 3 Units
Land Area: 0.67 Acres
Parking: Covered,Attached,None
Amenities: Ceilings-9\'+,ADA Accessible,Landscaped,Storage Area
Days on Market: 3557
(The Price of the property was lowered by $174,000 on 04/12/2016)
Year Built: 1922
Easements: Electric
Zoning: V-.75
Roads: County,Paved
Property Taxes: $6,270
Assessed Value: $588,200
Assessed Ratio: 118.16%
Listing Courtesy: Chris Brilhante LLC
Terms Acceptable: Cash,Conventional
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Rare Hilo oceanfront parcel w/3 structures & possibilities!

Lovely oceanfront family estate right in Hilo with elegant main dwelling and 2 little cottages. One cottage is a studio unit. 2nd cottage is 1-bedroom but in total disrepair. Property located one lot away from Bayshore Towers and zoned V-.75 (750sf/per unit) with 120 feet height limit on building. Many possibilities - family estate, Bed \'n Breakfast, condominium, apartment. Main house should be moved for safety purposes (eroding bluff). There are 3 electric meters, 1 per house, and 2 active water meters (main house, cottage by roadside). Quote from Kikiaola Construction Co. (licensed contractors) to move main house (5 pp.) on clipbd on website, as well as, slope stabilization quote from Vetiver Farms Hawaii. Vetiver Farms (licensed, bonded, and insured) could get some stability going and will provide another quote after the main house has been moved inland (very reasonable for protection of homeowners).


 
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