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Listed price in listed location currency (USD).
$2,599,000

12120

MLS® 724411

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 3876 sqft
Garage No
HOA Fees 
Taxes 
Days Active 87
Approx. Age 1966
Avg. Price Per Sqft $670
MLS® Number 724411

Property Address: apt-1-12-1303 Kalanianaole St, HILO, HI, 96720-4951

Average square foot calculated using Size range provided by listing agent.

Description

Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants. <BR>BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS<BR>Features and summary:<BR>- Sale includes 12 CPR units<BR>- 6 studio units upstairs/6 studio units downstairs<BR>- 10 STVR permits (maximum) in place<BR>- 6 units being utilized as STVRs/4 used as longterm rentals<BR>- Split AC in the 6 STVR studio rentals.<BR>- The 4 long-term units have not been renovated<BR>- 1 unit being utilized as office and laundry<BR>- 1 unit utilized as expansion to create double space rental for parties of 4<BR>- Property serviced by sewer<BR>- Recent survey and report available <BR>- 6 active STVR units sold turnkey furnished<BR>- Propane tank on site.<BR><BR>*One of the partners hold a real estate license in the State of California.<BR>*Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.
MLS® Number724411
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1966
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2025List Date
$2,599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1303 Kalanianaole St, HILO, HI

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