2107 KAIWIKI RD Hilo, HI 96720 | MLS: 665166 Sold  | Taxkey: 3-2-6-10-31 | Multi-Family
Listing Details
Price: $1,699,900
SOLD 12/16/2022 for $1,500,000 (1031, CASH) DOM:75 
by Everell Thayer / Bizwala
Sub-Type: 4+ Units
Land Tenure: Fee Simple
Subdivision: KAIWIKI HOMESTEADS I & II
District: South Hilo
Ownership: Full
Zoning: A-5A
Record Sys.:
Disclosure Form: Yes
Land Area: 25,613 sqft
Flood Zone: X
Incr/Block:
Lot: 2
Roads: County, Paved
Easement:
Oceanfront Parcel: No
Parking: Attached
Sale Type: Standard Sale
Additional Info: Owner Relative of Listing Agent
Property Details
Bedrooms: 7
Bathrms: 5 [Full]
Living Area: 5,638
Pets Allowed:
Unit Descr:
Ext Area:
Pub Rpt#:
Project:
Design:
Schools:
Frontage:
View: Bay, Ocean, Ocean Horizon, Sunrise
# of Stories:
# of Restrooms:
# of Units:
Leasable Area:
Other Sqft (Total):
Garage Area (Total):
Carport Area (Total):
# of Lots: One
Remarks:

Attention medical professionals and anyone that wants or needs to live near downtown Hilo

***THIS IS ABSOLUTLY THE BEST DEAL ON A HOME IN HAWAII***

Within 4 miles of downtown Hilo and stunning views of the ocean from every floor in this three-story home.
5634 sq ft that can be 3 or 4 separate units. Think positive cash flow or renting out some units and living for free
Plus you are walking into over $500k in equity (move in ready, but could use some updating)
Home is priced at $177/sq ft and Hilo homes typically sell for $400+ per sq/ft

Lower units:
2-bedroom 1 bath with full kitchen
1 bedroom 1 bath with kitchenette
Common area between units for laundry area
Separate driveway and parking for these two units

2nd story is the main living area with giant living room, great room, kitchen with pantry, 3 bedrooms, 1 bathroom, large laundry room and direct access to the 2 car garage

3rd story can either be a separate 1 bedroom 1 bath or the master penthouse suite. The third floor has a master bedroom with loft area reading nook. Also has a separate kitchenette and area for dining and living. Plus deck space with views of the ocean and all of the Hilo area. Mater bathroom is very elegant and spacious. Nice sized walk-in closet.

Plenty of decking so grab a glass of wine and unwind while taking in the beautiful ocean vistas at a nice cooler elevation.

Because of tenants, showings are every Sunday from 12-2pm.

Private Remarks:

Listing agent related to seller
Showings will start Sunday October 2nd and will be every Sunday from 12-2pm.
Driving Directions:

Up Kaiwiki road 4 miles and on left side of road.
Call listing agent for showings.
Listing agent is related to seller
Showings will start Sunday October 2nd and will be every Sunday from 12-2pm.
Utilities/Features
Internet Avail:
Telephone Avail:
Water: County
Kitchen:
Power: Overhead
TV Avail:
Wastewater: Cesspool
Heating/Cooling:
Fencing:
Water Feat:
Security:
Pool:
Topography: Fairly Level
Fireplace:
Window Covers:
Appliances: Double Ovens, Electric Cooktop, Refrigerator
Washer/Dryer:
Other Features:
Financial Details
Current Taxes: $6,445
Price Per Sqft: $266
Home Exemption Amt: $120,000
Spec. Assess.:
Spec. Assess. Amt.:
Assessed Bldg: $1,064,400
Assessed Lnd: $103,600
Terms Accept.: 1031 Exchange, ARM, Cash, Conventional
Road Maint/Yr:
Monthly Assn.:
Monthly Maint.:
Other Fees:
CC&R's: No
Listing Agent
CSB: 2.5
Subagency Offered:
Restrictions: None
Listing Agent and Office
  Name Phone Fax Email HISID
Listor Everell Thayer  RS-78771   808-371-8304    everellthayer@gmail.com  78771 
Office Bizwala RB-23503  808-339-1313      23503 
Address 15-2662 Pahoa Village Road Suite 306-PMB 8666 Pahoa, HI 96778
While the Data provided here has been produced and processed from sources believed to be reliable, no warranty express or implied is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness thereof and HIS assumes no liability with respect thereto.