- Overview 52 Beds, 28 Bath, 18810 SQ. Feet, 0.54 Acres
- Listing Type Multi-Family
- Office: Hinano Island Realty LLC
Big, Bold, and Beautiful 28-Unit Apartment Complex – Prime Hilo Location!<br><br>Well-maintained and income-producing 28-unit multifamily property just minutes from downtown Hilo and the beach. Two buildings connected by walkways, offering a total of 24 two-bedroom units and 4 one-bedroom units.<br><br>Fully renovated in 2018: Granite countertops, updated flooring, fresh interior/exterior paint.<br>New Roof along with new asphalt for parking.<br><br>The building was fumigated in 2024.<br><br>Strong rental history with annual rental income over $500,000<br><br>Short-term vacation rental potential<br><br>Three stories: First level is covered parking; second and third levels are residential<br><br>On-site laundry facility<br><br>Newer roof and building fumigated in 2024<br><br>Covered parking for all units plus guest parking in front<br><br>Units feature spacious lanais, ideal for relaxing and enjoying island life<br><br>Excellent opportunity for investors looking for stable income with upside potential in a highly desirable area. Steps from Hilo’s beaches, dining, and shopping.
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Quick Details
This Property is priced at $4,975,000 and located at 1365 Kalanianaole St, . With 52 Bedrooms and 28.00 Bathrooms, it offers a total of 18810 Square feet. This Multi-Family was built in 1973 and its status is Active. This property is represented by Donald B Mckinnon of Hinano Island Realty LLC.
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Listing information last updated on June 20th, 2025 at 4:06am HST.