Hawaii House
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53 A-E Akekeke St, Hilo, HI 96720

Multi-Family · Sold · 7445 sqft · Sold 08/08/2017 $1,050,000 $1,125,000

VALUE ADD OPPORTUNITY. Multi family opportunity to increase rents to market and create cash flow! Many houses on a HUGE lot. 11 structures, 8 permitted, 9 habitable. Note that existing structures at 72 & 82 Omao are tear-downs and 53E Akekeke has experienced settlement of its post and pier foundation footings. Altogether three 5/3s and five 4/2s. Years built varies: four built in 1996, one in 1943, one in 1940, and two in 2001. Do not disturb tenants. Do NOT walk on property. Do NOT knock on doors.
Details
  • Original list price$1,125,000
  • Days on market109
  • Building typeMulti Dwellings
  • Price per sqft$141/sqft
  • Address

    53 A-E Akekeke St, Hilo, HI, 96720

  • Year Built2001
  • FrontageOther
  • NeighborhoodPunahoa
  • Land tenureFS - Fee Simple
  • Land SqFt76772 sqft
  • ViewNone, Mountain
Unit Information
  • # of 1 Bd0
  • # of 2 Bd0
  • # of 3 Bd11
  • Total Units11
Amenities & Features
  • StoriesOne, Two
  • RoofAluminum/Steel
  • ConstructionWood Frame
  • UtilitiesWater
  • Property ConditionAbove Average, Average, Needs Major Repair
  • ParkingAssigned, Covered
  • nr.of parking places15
  • AmenitiesNone
Income
  • Total Actual Rent$6,331
  • Total Annual Operating Expenses
  • Total Income$6,331
  • Net Operating Income
Schools
School ratingDistance
10
out of 10
Ernest Bowen Desilva Elementary School
278 Ainako Ave, Hilo, HI 96720
Elementary School
0.7mi
10
out of 10
Ernest Bowen Desilva Elementary School
278 Ainako Ave, Hilo, HI 96720
Middle School
0.7mi
4
out of 10
Hilo High School
556 Waianuenue Ave, Hilo, HI 96720
High School
0.76mi
School ratingDistance
10
out of 10
Ernest Bowen Desilva Elementary School
278 Ainako Ave, Hilo, HI 96720
0.7mi
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
1.008mi
NR
Mauna Loa School
172 Kapiolani Street, Hilo, HI 96720
1.094mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
1.179mi
NR
St Joseph School
1000 Ululani Street, Hilo, HI 96720
1.279mi
School ratingDistance
10
out of 10
Ernest Bowen Desilva Elementary School
278 Ainako Ave, Hilo, HI 96720
0.7mi
6
out of 10
Hilo Intermediate School
587 Waianuenue Ave, Hilo, HI 96720
0.719mi
3
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
1.008mi
NR
Mauna Loa School
172 Kapiolani Street, Hilo, HI 96720
1.094mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
1.179mi
School ratingDistance
4
out of 10
Hilo High School
556 Waianuenue Ave, Hilo, HI 96720
0.76mi
NR
St Joseph School
1000 Ululani Street, Hilo, HI 96720
1.279mi
5
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
1.414mi
6
out of 10
Waiakea High School
155 West Kawili St, Hilo, HI 96720
2.022mi
2
out of 10
Ka Umeke Kaeo - Public Charter School
222 Desha Ave, Hilo, HI 96720
3.956mi
Data provided by Greatschools.org
Neighborhood - Punahoa
-
Price history
Date Event Price $/sqft Source
Aug 8, 2017 Sold $1,050,000 $141.03 Public Record
May 31, 2017 Under contract $1,125,000 $151.11 MLS 201704808
Apr 24, 2017 New Listing $1,125,000 $151.11 MLS 201704808
Taxes
  • Current Property Taxes p/month$875
  • Property Tax Year2016
  • Assessed Improvement value$801,300
  • Assessed Land value$243,700
  • MLS #201704808
  • TMK3-2-3-039-003-0000
  • Land RecordedRegular System
  • Zoning04 - R-7.5
  • TopographyGentle Slope
  • LocationCorner
  • Lot DescriptionClear
  • Property SetbacksOf Record
  • Total Assessed value$1,045,000
Agent viewpoints   of 53 A-E Akekeke St, Hilo, HI, 96720
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,050,000 $1,125,000 53 A-E Akekeke St, Hilo, HI, 96720 7445 sqft Remove from Saved Save House