Hawaii House
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10 Ululani Street, 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 Street, Hilo, HI, 96720

  • Year Built1949
  • NeighborhoodHilo
  • Land tenureFS - Fee Simple
  • Land SqFt10109 sqft
  • ViewOcean, Sunrise, Sunset
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 Nearby
-
Neighborhood - Hilo
  • Neighborhood average sales price*$356k
  • Neighborhood median sales price*$356k
  • Number or sales*2
Price history
Date Event Price $/sqft Source
2014-05-09 Sold $908,405 0 Public Record
2014-04-21 In Escrow - not showing $1,050,000 0 MLS 201402684
2014-02-26 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 Street, Hilo, HI, 96720
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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