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347 ILIAHI ST, Hilo, HI, 96720
Multi-dwelling in Puueo Lots
15 bed · 5 bath · 4,866 sqft
  • Active Actively looking for buyers.
  • Fee SimpleYou own the property outright.
  • 112 daysListed 01/22. Last updated 01/22.
  • Built in 1918Built 106 years ago.
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What this multi-dwelling offers

Mountain View

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.

This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month.

The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.

Don’t let this investment opportunity slip you by!

Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

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Where you'll live

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347 ILIAHI ST, Hilo, HI, 96720 is located in Puueo Lots on Hawaii.

More about this multi-dwelling

  • Taxes$7,180/mo
  • HOA Fee: n/a
  • Property Type Multi-dwelling
  • Tenure Fee Simple
  • Year Built 1918
  • Lot Size 0 sqft
  • Views Mountain, Sunset
  • Parking Other (remarks)
About HiloOpen and close this section

Real estate in Hilo is generally the most affordable in the state of Hawaii. Starting at the shoreline, homes are built on Hilo’s slopes to elevations more than 1800 ft. above sea level. A bustling and friendly community, stunning vistas, and awesome wonders of nature are a part of life here. View all homes for sale in Hilo.

Listing courtesy of Henry Correa Jr. from Better Homes and Gardens Real Estate Hank Correa Realty, MLS #705740.

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