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 Nearby
-
Neighborhood - Punahoa
  • Neighborhood average sales price*$1.05m
  • Neighborhood median sales price*$1.05m
  • Number or sales*1
  • Street median sales price*$1.05m
Price history
Date Event Price $/sqft Source
2017-08-08 Sold $1,050,000 $141.03 Public Record
2017-05-31 Under contract $1,125,000 $151.11 MLS 201704808
2017-04-24 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