Hawaii House
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10 Ululani St, Hilo, HI 96720

Multi-Family · Sold · Sold 05/09/2014 $908,405 $1,050,000

Exceptionally maintained two-story walk up apartment complex in the heart of Hilo Town. Turn-key investment with upside potential for rent increases. The property has landscaped common areas, tenant storage lockers, individual electric meters, and a separate office / studio unit. Roof recently redone along with exterior paint. 6.48% CAP rate based on actual income.
Details
  • Original list price$1,050,000
  • Days on market74
  • Building typeApartments
  • Address

    10 Ululani St, Hilo, HI, 96720

  • Year Built1949
  • NeighborhoodHilo
  • Land tenureFS - Fee Simple
  • Land SqFt10109 sqft
  • ViewOcean, Sunrise, Sunset
  • Listing provided courtesy ofJared Ikeda, Apartment Advisors, LLC
Unit Information
  • # of 1 Bd12
  • # of 2 Bd0
  • # of 3 Bd0
  • Total Units12
Amenities & Features
  • StoriesTwo
  • FurnishedPartial
  • RoofAluminum/Steel, Other
  • ConstructionDouble Wall, Single Wall, Wood Frame
  • UtilitiesInternet, Overhead Electricity, Septic, Water
  • Property ConditionAbove Average
  • ParkingAssigned, Open
  • nr.of parking places7
  • AmenitiesNone
Income
  • Total Actual Rent$1
  • Total Annual Operating Expenses$1
  • Total Income$1
  • Net Operating Income$1
Schools
School ratingDistance
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
Elementary School
0.211mi
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
Middle School
0.211mi
5
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
High School
0.27mi
School ratingDistance
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
0.211mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
0.224mi
5
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
0.27mi
NR
Mauna Loa School
172 Kapiolani Street, Hilo, HI 96720
0.425mi
NR
St Joseph School
1000 Ululani Street, Hilo, HI 96720
0.913mi
School ratingDistance
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
0.211mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
0.224mi
5
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
0.27mi
NR
Mauna Loa School
172 Kapiolani Street, Hilo, HI 96720
0.425mi
6
out of 10
Hilo Intermediate School
587 Waianuenue Ave, Hilo, HI 96720
0.501mi
School ratingDistance
5
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
0.27mi
4
out of 10
Hilo High School
556 Waianuenue Ave, Hilo, HI 96720
0.474mi
NR
St Joseph School
1000 Ululani Street, Hilo, HI 96720
0.913mi
6
out of 10
Waiakea High School
155 West Kawili St, Hilo, HI 96720
2.077mi
2
out of 10
Ka Umeke Kaeo - Public Charter School
222 Desha Ave, Hilo, HI 96720
2.96mi
Data provided by Greatschools.org
Neighborhood - Hilo
  • Neighborhood average sales price*$250k
  • Neighborhood median sales price*$250k
  • Number or sales*1
Price history
Date Event Price $/sqft Source
May 9, 2014 Sold $908,405 0 Public Record
Apr 21, 2014 In Escrow - not showing $1,050,000 0 MLS 201402684
Feb 26, 2014 New Listing $1,050,000 0 MLS 201402684
Taxes
  • Current Property Taxes p/month$345
  • Property Tax Year2013
  • Assessed Improvement value$212,400
  • Assessed Land value$200,400
  • MLS #201402684
  • TMK3-2-3-014-021-0000
  • Land RecordedRegular System
  • Zoning30 - Comme
  • TopographyLevel
  • LocationCorner
  • Lot DescriptionClear
  • Property SetbacksOf Record
  • Total Assessed value$412,800
Agent viewpoints   of 10 Ululani St, Hilo, HI, 96720
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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As soon as we do, we post it here.

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Hawaii House
Multi-Family Sold $908,405 $1,050,000 10 Ululani St, Hilo, HI, 96720 Remove from Saved Save House