SOLD 02/21/2023
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337 Ululani Street, Hilo, HI 96720
$4,600,000 $3,988,888
Multi-Family Home
sold
20,736 sqft
Neighborhood:
Hilo
Sold 02/21/2023
$4,600,000 $3,988,888
18 min walk to the beach
3 min drive to Banyan Golf Course
6 min drive to Honoli'i
About lifestyles
GREAT INVESTMENT OPPORTUNITY-RARELY AVAILABLE! 42 UNIT APARTMENT COMPLEX in the heart of HILO. 3 story walk-up w/ 55 parking stalls. Each unit has an open lanai off of the bedroom. Third floor units offer an “OCEAN” view!
Building is comprised of: - 34 - 1 bdrm, bath – 448 sq. ft.; - 3 – 1 bdrm, bath – 536 sq. ft. (10 stack); 5 – 2 bdrm, bath – 576 sq. ft. (02 stack – floors 2 & 3; 14 stack- 3 floors).
All units electrically metered individually and furnished with a range/oven and refrigerator. A few units have a disposal.
Common laundry facility on the ground floor. Conveniently located on the corner of Ululani Street and Kukuau Street, near the center of Hilo’s business/retail and visitor districts and 10 minutes to the airport. Many long term tenants with rents below market. Visible, deferred maintenance throughout. Property to be sold in its “as is, where is” condition. SEE ATTACHED FINANCIAL INFORMATION.
Please do not bother tenants.
CURRENTLY NOT SHOWING THE PROPERTY.
Note: Zoning for the Big Island is CG-7.5 - General Commercial, 7,500 sq. ft. minimum lot size.
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Multi-family details
1978 year built
- Year Built 1978
- Original list price $3,988,888
- Days on market 45
- Building type Apartments
- Price per sqft $222/sqft
-
Address
337 Ululani Street, Hilo, HI, 96720
- Neighborhood Hilo
- Land tenure FS - Fee Simple
- Land SqFt 54,402 sqft
- View Coastline, Mountain, Ocean
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Monthly payment
Calculate your monthly payments
Mortgage
$23,455
Taxes
$2,513
HOA dues
$0
Mortgage
Down payment
$920,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$23,455 / month
Neighborhood: Hilo
Nearby & commute
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
Unit Information
42 total units
# of 1 Bd
37
# of 2 Bd
5
# of 3 Bd
0
Total Units
42
Amenities & Features
55 parking places
Stories
Three
Furnished
Partial
Roof
Other
Construction
Concrete
Utilities
Overhead Electricity, Telephone, Water
Property Condition
Average
Parking
Assigned, Open
nr.of parking places
55
Amenities
Resident Manager
Income
Net Operating Income: $1
Total Actual Rent
$1
Total Annual Operating Expenses
$1
Total Income
$1
Net Operating Income
$1
Hilo prices
Average price $912.4k
Neighborhood average sales price*
$912.4k
Neighborhood median sales price*
$639k
Number or sales*
15
Street median sales price*
$635k
Median sale price Maalaea Banyans*
$972.5k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
Elementary School
|
0.175mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
Middle School
|
0.175mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
High School
|
0.37mi |
| School rating | Distance | |
|---|---|---|
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.175mi | |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.326mi | |
|
St. Joseph Elementary School
999 Ululani St,
Hilo, HI 96720
|
0.367mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
0.37mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.45mi |
| School rating | Distance | |
|---|---|---|
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.175mi | |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.326mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
0.37mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.45mi |
| out of 10 |
Hilo Union Elementary School
506 Waianuenue Ave,
Hilo, HI 96720
|
0.544mi |
| School rating | Distance | |
|---|---|---|
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
0.37mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.45mi |
| out of 10 |
Hilo High School
556 Waianuenue Ave,
Hilo, HI 96720
|
0.721mi |
| out of 10 |
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
|
1.533mi |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Ave,
Hilo, HI 96720
|
2.734mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 21, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 21, 2023 | Sold | $4,600,000 | $221.84 | Public Record |
| Feb 7, 2023 | In Escrow - not showing | $3,988,888 | $192.37 | MLS #202300414 |
| Jan 8, 2023 | New Listing | $3,988,888 | $192.37 | MLS #202300414 |
Tax & MLS details 337 Ululani Street, Hilo, HI, 96720
30 - Commercial zoning / MLS #202300414
Current Property Taxes p/month
$2,513
Property Tax Year
2022
Assessed Improvement value
$2,327,100
Assessed Land value
$491,000
TMK
3-2-3-018-074-0000
Land Recorded
Land Court
Zoning
30 - Commercial
Flood Zone
Zone X
Topography
Gentle Slope,Level
Location
Corner
Lot Description
Irregular
Property Setbacks
Of Record
Total Assessed value
$2,818,100
Listed by
Bob Tanaka Inc
(808) 949-4111
(808) 949-4111
MLS #
202300414
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 337 Ululani Street
When was this multi-family home built and last sold?
This house was build in 1978 and sold in 2023.
What is the full address of this multi-family home?
337 Ululani Street, Hilo, HI, 96720.
Are there beaches near 337 Ululani Street?
The nearest beach is 0.399 miles away. It should take about 18 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Bob Tanaka Inc. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on February 20, 2023.
Hawaii House Last checked 1 minute ago.
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