Hilo, HI 96720,35 TERRACE DR
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Hilo, HI 96720,35 TERRACE DR
Hilo, HI 96720,35 TERRACE DR
Hilo, HI 96720,35 TERRACE DR
Hilo, HI 96720,35 TERRACE DR

$880,000

Est. payment /mo

$825,000

6.7%
Est.Price: ?

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35 TERRACE DR Hilo, HI 96720

5 Beds

3.5 Baths

2,744 SqFt

SOLD DATE : 03/31/2022

Key Details

Sold Price $880,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $320

Subdivision Ponahawai

MLS Listing ID 657486

Sold Date 03/31/22

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1969

Annual Tax Amount $4,525

Lot Size 0.276 Acres

Property Description

35 Terrace Dr. is located in a very sought after neighborhood. Perfect for walks with the family and in the E.B. Desilva school district. This 5 Bed, 3.5 Bath home consists of over 2,700 square feet of living area, lanai space that overlooks Hilo and tons of parking. Upstairs you will find a 3 bed, 2 Bath floor plan with an open concept kitchen & living room. (Renovated in 2018) The home boasts a two story layout that is perfect for large families or potential rental income as the separation of floors are only accessible from exterior of the home.

The two studios downstairs from the main home is currently utilized as a 2 separate hosted short term vacation rental which can accommodate up to 8 guests total. (Renovated in 2019) Between the two rentals they can generate an income of anywhere from $5,000 - $7,000 a month. Occupancy rate is approximately 95%.

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

Location

State HI

Area South Hilo

Zoning RS-10

Interior

Flooring Carpet

Exterior

Garage Assigned, Covered

Fence Hollow Tile

Pool No

Waterfront N

Building

Lot Description Clear, Grassy, Inside

Sewer Cesspool

Water County

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Hawaii Information Service(HIS)
Listed by Better Homes and Gardens Real Estate Hank Correa Realty

Frances Richardson

Agent | License ID: RS-78500

+1(808) 796-0726

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