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SOLD
MLS: 667553
 
Asking Price: $898,888 Fee Simple
Sold Price: $1,250,000
Sold Date: 02/21/2023
Type: Multi-Family
District: South Hilo
Street: 262 Kapiolani St
Neighborhood: Ponahawai
Beds: 3   Baths: 2
Living Area: 1,210 SF
Style: 4+ Units
Land Area: 17,400 SF
Parking: Assigned
Days on Market: 445
Year Built: 1931
Easements: Drainage
Zoning: RM-1
Roads: County
Property Taxes: $9,789
Assessed Value: $836,700
Assessed Ratio: 107.43%
Listing Courtesy: Bob Tanaka Realty
Terms Acceptable: Cash,Conventional
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Two Story, 10 Unit Apartment Bldg. w/separate Duplex

SELDOM available - APARTMENT COMPLEX IN THE HEART OF HILO! Minutes from Hilo Airport and Downtown Hilo with its unique local shops and eateries! Property consists of a 2 story, 10 unit Apartment Building, 2 story Duplex and 13 parking stalls. Apartment building: 8 - 1 bdrm, bath (approx. 484 sq. ft.) and 2 - 2 bdrm, bath (approx. 550 sq. ft.); built in 1967. Apartment Units are electrically metered individually and furnished with ceiling fan, range/oven and refrigerator. Duplex (approx. 726 sq. ft.) built in 1931; is not part of the total building square footage and is NOT connected to water & sewer. 2nd floor of duplex is not accessible due to its condition and the ground floor space is being used for storage. Property to be sold in its "as is, where is" condition. SEE ATTACHED FINANCIAL INFORMATION.


 
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