53 A-E Akekeke St

53 A-E Akekeke St
Hilo, HI 96720

For Sale

Sold

Sold Price

$1,050,000 (FS)

List Price

$1,125,000 (FS)

Property Type:: Multi-Family
Studio Units:: 0
1-Bed Units:: 0
2-Bed Units:: 0
3-Bed Units:: 11

Land Area (sf):: 76,772
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 15 - Assigned, Covered

MLS #:: 201704808
Island:: Hawaii
Region:: South Hilo
Neighborhood:: PUNAHOA
TMK:: 3-2-3-039-003-0000

List Date:: April 21, 2017
Date Sold:: August 08, 2017

REMARKS:

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.

View Map

PROPERTY INFORMATION:

Zoning:: 4 - R-7.5 Residential
Furnished:: --

Year Built:: 2001
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $243,700
Assd. Val. Imprv:: $801,300
Assd. Val. Total:: $1,045,000

Tax Year:: 2016
Monthly Taxes:: $875
Home Exempt.:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: None, Mountain
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: Clear
Topography:: Gentle Slope
Number of Stories:: One, Two
Building Style:: --
Property Condition:: Above Average, Average, Needs Major Repair
Construction:: Wood Frame
Roofing:: Aluminum/Steel
Floor Covering:: --

Disclosures:: None
Possession:: At Closing, Subject To Tenancy
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Regular System

Exclusions:: --
Easements:: Electric, Telephone
Set-Backs:: Of Record

Compensation*:: 3%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, April 25, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies