702 Wainaku St
Hilo, HI 96720

For Sale
Sold
Sold Price
$332,500 (FS)
List Price
$375,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
0
2-Bed Units:
1
3-Bed Units:
1
Land Area (sf):
14,867
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
4 - Assigned, Covered
Property Photo
MLS #:
201704809
Island:
Hawaii
Region:
South Hilo
Neighborhood:
WAINAKU
TMK:
3-2-6-014-017-0000
List Date:
Date Sold:

REMARKS:

7 Vierra Lane & 702 Wainaku Street consists of 2 homes on a single lot. Newer construction with long-term rental income--live in one, rent out the other, or keep both in the rental pool for good return. Existing rents are $1400 for both, or 6% return with estimated 30% expenses. Currently on cess pool, owner pays sewer fee--upon sale, must upgrade to hook up to sewer. Newly paved road! Do NOT disturb tenants. Do NOT walk on property. Do NOT knock on doors.

PROPERTY INFORMATION:

Zoning:
4 - R-7.5 Residential
Furnished:
Partial
Year Built:
1993
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$102,200
Assd. Val. Imprv:
$262,500
Assd. Val. Total:
$364,700
Tax Year:
2016
Monthly Taxes:
$305
Home Exempt.:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
None
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Clear
Topography:
Level
Number of Stories:
One
Building Style:
--
Property Condition:
Average, Fair
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:
Other
Set-Backs:
Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, July 4, 2025.  Information is deemed reliable but not guaranteed.  Copyright: 2025 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies