256 KAPIOLANI ST Hilo, HI 96720
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $328
Subdivision Ponahawai
MLS Listing ID 732420
Bedrooms 30
Full Baths 15
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1973
Annual Tax Amount $7,575
Tax Year 2026
Lot Size 0.358 Acres
Property Sub-Type Four Or More Units
Source Hawaii Information Service
Land Area 15605
Property Description
The building has undergone extensive, high-quality capital improvements. All 15 units boast fully remodeled interiors with brand-new flooring, fresh paint, and completely updated bathrooms. The modernized kitchens include new cabinetry, quartz countertops, new refrigerators, stove hoods, and individual water heaters.
Major structural and systemic upgrades provide immediate peace of mind for the new owner. All exterior walkways and stairways have been completely rebuilt. Crucial plumbing updates include a newly replaced main sewer line to the County road and new under-slab main floor sewer lines.
Located in a highly desirable Opportunity Zone, this turnkey asset is perfectly positioned for a seamless transition. NDA required to review financials.
Location
State HI
County Hawaii Island (big Island)
Community Ponahawai
Area Hi
Zoning RM-1
Region South Hilo
City Region South Hilo
Interior
Hot Water Electric
Heating None
Cooling None
Flooring Vinyl
Appliance Dryer, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Parking Features Assigned
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected
View Y/N Yes
View Garden, Ocean
Topography Fairly Level
Garage No
Private Pool No
Building
Lot Description Cleared
Story 3
Unit Features Multi-Story
Construction Status Updated/Remodeled
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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