Location, location, location. Downtown Hilo duplex off Ponahawai Street on Loulu Lane is a property that any investor or savy homeowner will immediately see the value and potential. On the upper level, you have 2 - 2 bedroom/1 bath units. This legal duplex are mirror images of each other but yet has its own charm.
18 (Front Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; carpet in bedrooms; laminate floors, stacked washer/dryer. Appliances, carpet, interior painting were all replaced/done within the past 2 years.
18A (Back Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; Pergo laminate flooring throughout; Stacked Washer/Dryer. Appliances and interior painting were replaced/done within the past 2 years.
Downstairs Unit (close to 800 sf - 2 bedroom/1bath): Refrigerator, Washer/Dryer. Downstairs was tastefully enclosed and made into a very cozy space. 2 nice size bedrooms and spaces where you can hang out. Built in seating areas and a built in bookshelf add to the maximum utilization of space. Careful thought was put into insulation to reduce sound from the upstairs units.
But the upgrades are more than just paint and appliances as work was done on the home itself to reduce its carbon footprint and being able to reduce monthly expenses.
** Photo voltaic (PV) system was added in 2011 (each duplex unit is separately metered with its own contract)
** Solar Hot Water heater added in 2014 which services the whole home.
** Separate gas meters for each unit
** Most of the water lines upgraded in 2014 to PEX.
** Electric service upgraded in 2010 including most of the wiring
** Roof repainted in 2017 with Gaco Roof Coating.
** Bonus Outback off grid solar generator with battery storage. Six panels (on carport) powers this unit which can be used for unforeseeable emergencies.
Lots of opportunities and possibilities for this prime property in a prime location.