Hilo, HI 96720,307 LEHUA ST
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Hilo, HI 96720,307 LEHUA ST
Hilo, HI 96720,307 LEHUA ST
Hilo, HI 96720,307 LEHUA ST
Hilo, HI 96720,307 LEHUA ST

$2,185,000

Est. payment /mo

$2,325,000

6.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

307 LEHUA ST Hilo, HI 96720

5 Beds

23 Baths

7,684 SqFt

SOLD DATE : 07/10/2023

Key Details

Sold Price $2,185,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,684 sqft

Price per Sqft $284

Subdivision Puueo Lots

MLS Listing ID 702016

Sold Date 07/10/23

Bedrooms 5

Full Baths 23

Year Built 1970

Annual Tax Amount $4,011

Lot Size 0.502 Acres

Property Description

Apartment Complex -- an excellent investment opportunity in Hilo! This 22-Unit property consisting of three parcels is occupied by numerous long-term tenants. Conveniently located on the corner of Puueo and Lehua Streets and walking distance to Downtown Hilo with Hilo's Farmer's Market, restaurants, retail stores, post office, eateries, and more!

* 307 Lehua Street, Hilo (TMK 3-2-6-004-038) -- 7,357 SF
Six Units - Each approximately 312 SF
Studio/1BA, Range/Oven, Refrigerator, Solar Water Heaters

* 311 Lehua Street, Hilo (TMK 3-2-6-004-008) -- 7,000 SF
Duplex - 1,260 SF
One 2BR/2BA and One Studio/1BA/Covered Lanai
Currently unoccupied; plans to renovate into a Duplex with transferrable building permit.

* 127 Puueo Street, Hilo (TMK 3-2-6-004-039) -- 7,500 SF
Two Story - Fourteen Units
Two 1BR/1BA, Range/Oven, Refrigerator (Approximately 360 SF)
Six Studio/1BA, Range/Oven, Refrigerator (Approximately 300 SF)
Six Studio/1BA, Microwave, Refrigerator (Approximately 264 SF)

Location

State HI

Area South Hilo

Zoning RM-1

Exterior

Pool No

Building

Sewer Sewer-Connected

Water County

Others

Acceptable Financing Cash, 1031 Exchange, Conventional

Listing Terms Cash, 1031 Exchange, Conventional

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Hawaii Information Service(HIS)
Listed by Venture Sotheby's International Realty

Frances Richardson

Agent | License ID: RS-78500

+1(808) 796-0726

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