702 Wainaku St

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

MLS #:: 201704809
Island:: Hawaii
Region:: South Hilo
Neighborhood:: WAINAKU
TMK:: 3-2-6-014-017-0000

List Date:: April 25, 2017
Date Sold:: June 28, 2018

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.

View Map

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

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 Friday, April 26, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies