Hilo - Beach Property For Sale #6573605

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 $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.