18 Loulu Ln, South Hilo

$400,000

  • VIRTUAL TOUR MLS® #: 632414
  • 18 Loulu Ln
  • South Hilo, Hawaii 96720

18 Loulu Ln, South Hilo

$400,000

  • VIRTUAL TOUR MLS® #: 632414
  • 18 Loulu Ln
  • South Hilo, Hawaii 96720
6 Beds
3 Baths
1,900 Sqft
.1 Acres
0 Garages
  • HOA Fees $0
  • Overview 6 Beds, 3 Bath, 1900 SQ. Feet, 0.10 Acres
  • Listing Type Multi-Family, Residential
  • Office: Coldwell Banker Day-Lum Properties

Location, location, location. Downtown Hilo duplex off Ponahawai Street on Loulu Lane is a property that any investor or savy homeowner will immediately see the value and potential. On the upper level, you have 2 - 2 bedroom/1 bath units. This legal duplex are mirror images of each other but yet has its own charm. 18 (Front Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; carpet in bedrooms; laminate floors, stacked washer/dryer. Appliances, carpet, interior painting were all replaced/done within the past 2+ years. 18A (Back Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; Pergo laminate flooring throughout; Stacked Washer/Dryer. Appliances and interior painting were replaced/done within the past 2+ years. Downstairs Unit (close to 800 sf - 2 bedroom/1bath): Refrigerator, Washer/Dryer. Downstairs was tastefully enclosed and made into a very cozy space. 2 nice size bedrooms and spaces where you can hang out. Built in seating areas and a built in bookshelf add to the maximum utilization of space. Careful thought was put into insulation to reduce sound from the upstairs units. But the upgrades are more than just paint and appliances as work was done on the home itself to reduce its carbon footprint and being able to reduce monthly expenses. ** Photo voltaic (PV) system was added in 2011 (each duplex unit is separately metered with its own contract) ** Solar Hot Water heater added in 2014 which services the whole home. ** Separate gas meters for each unit ** Most of the water lines upgraded in 2014 to PEX. ** Electric service upgraded in 2010 including most of the wiring ** Roof repainted in 2017 with Gaco Roof Coating. ** Bonus Outback off grid solar generator with battery storage. Six panels (on carport) powers this unit which can be used for unforeseeable emergencies. Lots of opportunities and possibilities for this prime property in a prime location.

Essential Information

MLS® #632414
Price$400,000
Bedrooms6
Bathrooms3.00
Full Baths3
Square Footage1,900
Acres0.10
Year Built1953
TypeMulti-Family, Residential
Sub-TypeDuplex
Land TenureFee Simple
StatusContingent
Assesed Value$178,700

Community Information

Address18 Loulu Ln
SubdivisionUpa Tract
StateHawaii
Zip Code96720

Amenities

ParkingDetached
Floor CoveringCarpet, Laminate

Washer / Dryer

Dryer, Stacked Washer/Dryer, Washer

Interior

AppliancesRange/Oven, Refrigerator

Exterior

ExteriorFir/Pine
RoofCorrugated Iron

Additional Information

Date ListedOctober 11th, 2019
Days on Market37
ZoningCDH
HOA Fees0.00
Description Land TenureFee Simple

Listing Details

Office

Coldwell Banker Day-Lum Properties

Property History

Status Changed from Active to Contingent
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Listing information last updated on November 17th, 2019 at 9:25am HST.