Great Investment Opportunity in Downtown Hilo – ONLY $625,000 Hoku Street, Hilo, HI 96720 Gross Income: $70,000–$80,000 per year. This unique Hilo property has 9 rooms total, 3 bathrooms and 2 kitchens (one upstairs and one downstairs) making it ideal for multi-family use, shared rentals, or long-term tenants. Currently generating… Read More $70K–$80K/year = 12%+ gross return based on asking price. Whether you’re an investor or looking to live in part and rent the rest, this is a rare chance to own in downtown Hilo – very few homes for sale. What You’ll Love: • 9 rooms, 3 baths, 2 kitchens • Income $70K–$80K = 12%+ ROI • Increase ROI up to 50% with accelerated component depreciation • Flexible layout – great for shared housing or multi-unit rentals • Central Hilo – close to shops, schools and more • Room to add value with updates or expansion • Potential to add more units Don’t miss this opportunity to own flexible, income-producing property in one of Hilo’s most desirable locations. Read Less
Courtesy of Nathalie Mullinix Realty Universal, Inc..
