South Hilo Condo Sold: Hilo Terrace Unit 245, South Hilo, in Big Island of Hawaii

SOLD
MLS: 664664
Condo: Hilo Terrace #245

Asking Price: $140,000 Leasehold
Sold Price: $160,000
Sold Date: 07/31/2023
Type: Condo/Residential Condo
District: South Hilo
Street: 485 Waianuenue Ave
Neighborhood: Hilo
Beds: 2 Baths: 1
Living Area: 695 SF

Pool: Yes
Parking: Assigned
Days on Market: 603
Year Built: 1963
Zoning: CG-20
Roads: County,Private,Paved
Property Taxes: $1,205
Assessed Value: $103,000
Assessed Ratio: 135.92%
Listing Courtesy: Savio Realty Ltd. - Puna Office
Terms Acceptable: 1031 Exchange,Cash,Conventional

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Successful licensed Short Tem vacation rental above Hilo Town.

This is a leasehold property. The Fee for this unit is currently available for purchase from the landlord.
Renovated move in ready 2 bedroom top floor condo above Hilo Town. Currently licensed as a short term vacation rental. A short walk to Bayfront for shopping, paddling, and the Hilo Town restaurants. On site amenities include: in ground pool, laundry, assigned parking and an on site manager. Furnishings can be sold separately. Monthly maintenance dues cover water, sewer, gas and common area insurance/electric/maintenance. Monthly trash fee currently $23.11.

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