| SOLD MLS: 709719 Asking Price: $875,000 Fee Simple Sold Price: $835,000 Sold Date: 07/23/2024 Type: Residential District: South Hilo Street: 518 Iwalani St Neighborhood: Waiakea Homesteads 1st Series Beds: 5 Baths: 3 Full / 2 Half Living Area: 2,948 SF Land Area: 19,980 SF Parking: Covered,Attached Days on Market: 232 Year Built: 1954 Easements: Electric Zoning: RS-15 Roads: Paved,County,Street Lights Property Taxes: $3,305,.63 Assessed Value: $687,500 Assessed Ratio: 127.27% Listing Courtesy: Coldwell Banker Island Properties - Hilo Terms Acceptable: Cash,Conventional,FHA |
158 Iwalani Street
Don't miss out on this exceptional opportunity to own not one, but two residential units on a generous19,980 sf lot. The main home is a 2 story kama'aina classic featuring 4 bedrooms and 2 full baths and office. The home has been updated through the years but still maintains it's charm.
In addition to this, the former boat house in back has been converted to a modern and fully permitted 2 bedroom 1 bath ohana, perfect for the extended family, aging parents or could even be rented out for additional income.
Property is fully fenced making it safe for both pets or children. When it comes to location, it doesn't get much better than this! Just 2 minutes away from the Hilo Municipal golf course, 5 minutes to UH- Hilo and less than 10 minutes to KTS, Prince Kuhio Plaza, Target, Safeway, Home Depot and numerous other businesses and restaurants.
PV system has 10 years remaining on a 20 year lease with Sunrun and will be transferred to new owner at closing. Cost is currently $81/month
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