347 Iliahi Street
Hilo, HI 96720
$699,000
Price
15
Beds
3
Baths
2
1/2 Baths
4,866 Sq. Ft.
$144 / Sq. Ft.
4,866
Sq. Ft.
$144
per Sq. Ft.
Description
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...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. Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
- Listed by Henry Correa Jr. • License #RB-16506 • Better Homes and Gardens Real Estate Hank Correa Realty
- Listed by Henry Correa III • License #RB-22637 • Better Homes and Gardens Real Estate Hank Correa Realty
Property Details for 347 Iliahi Street
Subdivision
PUUEO LOTS
ZoningRM-1
ViewMountain, Sunset
Land TenureFee Simple
LISTING UPDATED: 12/12/2024 10:43 AM
Property Details for 347 Iliahi Street
| Status | Active |
|---|---|
| MLS # | 705740 |
| Days on Market | 343 |
| Taxes | $7,181 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / 4+ Units |
| Year Built | 1918 |
| Lot Size | 0.29 AC / 12,543 SF |
| County | Hawaii County |
Building Information for 347 Iliahi Street
Stories-Residences-Year Built1918Building Size-Lot Size0.29 AC / 12,543 SF
Property Information for 347 Iliahi Street
Summary
Location and General Information
- Topography: Steep Slope
- Latitude: 19.72914191
- Location: 347 ILIAHI ST
- Longitude: -155.09100319
- Oceanfront Parcel: N
- Street: ILIAHI ST
- Street Address Full: 347 ILIAHI ST HILO HI 96720
- Street Number: 347
- City: HILO
- District: South Hilo
- Zip Code: 96720
Taxes and HOA Information
- Exempt Amount: $0
- Tax Year: 2023
- Taxes (Annual): $7,180.59
- Taxkey: 3-2-6-3-17
- Taxkey9: 326003017
Parking
- Vehicle Storage/Parking: Other (remarks)
Virtual Tour
- Tours: 0
Property
Lot Information
- Roads: County
- Structures: Yes
- Agriculture Dedicated: No
- Year Built Maximum: 1918
- Year Built Minimum: 1918
- Interior Area (Total): 4866.0
- Land Area: 12543.0
- Lot Description - Land: Grassy
- Frontage: Stream/Canal, Road/Street
- Flood Zone: X
- Lava Zone: 8
Property and Assessments
- Disclosure Form: Yes
- Assessed Value: $646,900
- Assessment Year: 2023
- Property Type: Multi-Family
- Photos: 18
Utilities
- Power: Overhead
- Wastewater: Sewer-Not Connected
- Water: County
- Solid Waste Disposal (Trash): Private Contractor
Interior and Exterior Features
Exterior Features
- Fence/Wall: Chain Link
- Pool: N
Interior Features
- Features: Ceilings-9'+, CO2 detection, Kitchen-Community, Smoke/Heat Detector
- TV Availability: Cable
- Bathrooms (Total): 3
- Baths 1/2 (Total): 2
- Baths 1/4 (Total): 0
- Baths 3/4 (Total): 0
- Baths Full (Total): 3
- Bedrooms (Total): 15
- Internet Availability: Cable
Agent
Sale and Listing
- Ownership: Full
- Price Direction: +
- Media Changed: 01-22-2024
- Terms Acceptable: Cash, Conventional
- Listor Name: Henry J. Correa Jr.
- Days on Market: 325
- First Photo Sequence: 1
- Subtype of Listing: 4+ Units
- Remarks - Public: Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.<br><br>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.<br><br>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.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.
- REversion: 600
- Sale Type: Standard Sale
- DZS: 326
Property History for 347 Iliahi Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 347 Iliahi Street
Taxable ValueLand$152,700Additions$539,200Total$691,900
Tax Record2024$7,680 ($640 / month)
Home Facts
Beds15Baths8Total Finished SqFt4,866 SqFtAbove Grade Finished SqFt4,866 SqFtStories1Lot Size12,543 SqFtStyleSingle Family ResidenceYear Built1918Year Renovated1965ZoningRM-1.0CountyHAWAIIAPN3-2-6-003-017
Schools near 347 Iliahi Street
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Hilo Union Elementary School PublicPK to 6 | ||
Hilo Intermediate School Public7 to 8 | ||
Hilo High School Public9 to 12 | ||
Connections - New Century Public Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa Jr., License #RB-16506; Better Homes and Gardens Real Estate Hank Correa Realty, Henry Correa III, License #RB-22637