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350 Lehua Street, Hilo, HI 96720
$590,000 Sale Pending
350 Lehua Street, Hilo, HI 96720View this property at 350 Lehua Street, Hilo, HI 96720
350 Lehua StreetHiloHI96720
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Property Description
Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".
Full Property Details
Full Property Details for 350 Lehua St
General
- Price: $590,000
- Taxes: $4,860 (2023)
- Status: Pending
- Type: Multi-Family
- MLS ID: 202320494
- Updated: 4/2/2024
- Added to Site: 238 day(s) ago
Interior
- Furnishings: None
Rooms
Other Rooms
- Laundry: Dryer, Washer
Additional Information
- Amenities: None
- Recreation: None
Parking
- Parking Features: Open
- Parking Type: Open
- Other Parking Type: None
Location
- Area: S. Hilo
- County: Hawaii
- Neighborhood: PUUEO
Community
- Mgmt. Company: Melanie Bathe
Utilities
- Sewer: Connected
- Utility Description: Cable, Internet, Overhead Electricity, Public Water, Telephone
- Metering: Electric
Structural Information
- Description/Design: Multi-Family
- Exterior Const.: Above Ground, Single Wall, Wood Frame
- Roof: Aluminum/Steel
- Stories/Levels: 3
- Stories Description: Three
- Square Feet: 2,812
- Year Built: 1945
- Property Condition: Average
Unit Information
- 1 Bedroom Units: 6
Lot Features
- Property View: Other, Sunrise
- Lot Size (Sq. Ft.): 9,358
- Topography: Gentle Slope
- Lot Features: Other
- Zoning: 00 - Residential
- Lot Description: Other
Financial Considerations
- Expenses: Excise Tax, Insurance, Mgmt Fee, Property Tax, Repair Maintenance
- Operating Expenses: $16,700
- Tax Amount: $4,860
- Tax Year: 2023
- Terms: Cash, Conventional, 1031 Exchange, Purchase Money Mortgage
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: FS - Fee Simple
- Special Conditions: None
- Documents Avail.: Inventory, Lease Documents
- Land Tenure: Fee Simple
- Flood Zone: Zone X
- Disclosures/Reports: Property Disclosure Stmt
- Property ID: 3-2-6-004-026-0000
Listed by Keller Williams Honolulu
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Schools
Schools serving 350 Lehua St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
506 Waianuenue Ave, Hilo, HI 96720 | K-6 | 0.5 mi | |
587 Waianuenue Ave, Hilo, HI 96720 | 7-8 | 0.8 mi | |
556 Waianuenue Ave, Hilo, HI 96720 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 350 Lehua St
Date
Details
Price
Change
Source
3/15/2024
Price Reduced
$590,000
-9.09%
MLS
9/06/2023
Listed
$649,000
250.81%
MLS
10/23/2000
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 350 Lehua St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,858
—
$437,700
—
2022
$4,858
7%
$437,700
13%
2021
$4,531
8%
$387,300
8%
2020
$4,214
4%
$360,200
4%
2019
$4,067
21%
$347,600
21%
2018
$3,371
1%
$288,100
1%
2017
$3,326
28%
$284,300
19%
2016
$2,601
5%
$239,700
3%
2015
$2,471
—
$233,400
1%
2013
$2,476
—
$231,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 350 Lehua St
350 Lehua Street, Hilo, HI 96720 (MLS# 202320494) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 350 Lehua Street is currently listed for $590,000 and was received on September 06, 2023. Want to learn more about 350 Lehua Street? Do you have questions about finding other Multi-Family real estate for sale in Puueo? You can browse all Puueo real estate or contact a Coldwell Banker agent to request more information.