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MLS: 667532
Condo: Kona Kai #J3
Asking Price: $145,000 Leasehold
Sold Price: $140,000
Sold Date: 03/24/2023
Type: Condo/Residential Condo
District: North Kona
Street: 74-5618 Palani Rd
Neighborhood: Kona Industrial Subdivision
Monthly Association Fee: $515.71
Beds: 1   Baths: 1
Living Area: 535 SF

Pool: Yes
Parking: Assigned
Days on Market: 470
Year Built: 1969
Zoning: CV-10
Roads: Paved
Property Taxes: $1,174
Assessed Value: $95,600
Assessed Ratio: 151.67%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash
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Great Vacation Rental or Home Sweet Home!

This is a leasehold property and can be a money maker as a vacation rental or an inexpensive place to live in downtown Kona. Turnkey furnished 1 bedroom unit with a king size bed. The art work is not included. Remodeled so move in ready. Walking distance to shopping, the community pool, the pier, beaches, banks and restaurants. The Lease rent is $3876 per year and paid in 6 month increments which is $1938 in Jan. and July. Tenant occupied so 48 hour notice is preferred but maybe shorter notice is possible.

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