1303 Kalanianaole Ave
$1,999,888
About this property
Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options: - Live on property and self manage up to 10 vacation rental studios - Or live offsite and self manage for rental revenue. - Purchase as investment with hands off rental with current turnkey management - Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers - Rent both long and/or short term The possibilities are tremendous!!! Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.
Property details
- Property type
- Condominium
- Year built
- 1966
- Lot size
- 8,492 sf lot
- Land tenure
- Fee Simple
- District
- South Hilo
- Subdivision
- KEOKEA HOUSELOTS
- Parking
- Unassigned
- Pool
- No
- Annual taxes
- $1,481
- Zoning
- V-.75
- MLS #
- 734068
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