Attention Investors! Exceptionally Rare Income-generating

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Home Active Under Contract

199 KEHAULANI ST unit: 3

Hilo, Hawaii 96720

Community: WAIAKEA HOMESTEADS

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$795,000 4 br, 2.0 bath 1720 sq. ft. 0.510 acres

Attention Investors! Exceptionally Rare Income-generating opportunity. Property offers 3 separate buildings. -First home is currently rented. Lease expires 8/31/2025. -Second home recently upgraded and rent ready. -Third building is a large unfinished structure constructed as a house but permitted as storage shed. Well-maintained property offers exceptional potential for passive rental income. This rare investment is conveniently located in Hilo in close proximity to most amenities such as shopping, dining and schools. Buyers and buyers agent to perform due diligence regarding permits and all pertinent facts.

Interior:
  • Bedrooms: 4
  • Baths: 2.0
  • Sq Ft: 1720
  • Year Built: 1989
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.510 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $7,003
  • MLS #: 717758
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Contact Information:
Beach Home Active Under Contract in Hilo, Hawaii
Listing Agent: Alice A Wise, Century 21 Homefinders of Hawaii, 808-937-5517, 808-935-7119 Listing Site, Listing Status: Active Under Contract
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6261362
Viewed 146 times.
Updated: Jan 27, 2026

This property is a Home located at 199 KEHAULANI ST unit: 3, Hilo, Hawaii 96720, and is currently Active Under Contract at $795,000. This Home has 4 bedrooms, 2.0 baths, 1720 sq ft.