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SOLD
MLS: 704846
 
Asking Price: $600,000 Fee Simple
Sold Price: $600,000
Sold Date: 12/29/2023
Type: Multi-Family
District: South Hilo
Street: 62 Barenaba Ln
Neighborhood: Fairwiew Lots
Beds: 6   Baths: 3
Living Area: 1,961 SF
Style: 3 Units
Land Area: 10,192 SF
Parking: Other (remarks)
Days on Market: 412
Year Built: 1935
Zoning: RD-3.75
Roads: County,Paved
Property Taxes: $4,254,.63
Assessed Value: $383,300
Assessed Ratio: 156.54%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: Cash,Conventional
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Amazing investment opportunity in the heart of Hilo. 3 homes!!

Introducing a remarkable investment opportunity in the heart of Hilo, Hawaii! This multi-family property, nestled on the corner of Barenaba and Derby Lane, boasts three distinct homes on a generously sized 10,192 square foot lot. Situated just moments away from government offices, stores, restaurants, and the vibrant downtown Hilo scene, this unique property offers both convenience and potential.

62 Barenaba Lane is a charming abode featuring 2 bedrooms and a full bath, providing a cozy retreat for its residents. The lower level is thoughtfully designed with ample storage space, ensuring a clutter-free living environment.

Next door, 54 Barenaba Lane offers another 2-bedroom home with a full bath, and a remarkable bonus – a convenient half bath on the lower level. This extra space opens the door to various possibilities.

Completing this trio of homes, 84 Derby Lane offers a spacious living experience with 2 bedrooms and a full bath. Downstairs, you'll find an expansive area that can be transformed into your special space.

These three homes collectively present an enticing opportunity for rental income, extended family living, or a blend of both. Enjoy the serenity of Hilo while being just steps away from the pulse of the city. Don't miss your chance to own this versatile multi-home property in this prime location – it's a slice of paradise with endless potential!

** Check out the property video **


 
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