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About This Home
This 5-bedroom, 3-bathroom residential multi family at 619 MILILANI ST in Hilo, HI is listed for $715,000 ($246 per sqft). Built in 1932, the home offers 2,904 sqft of living space on a 0.25 acres lot.
Unique investment opportunity in the heart of Hilo featuring two separate homes on one lot, offering flexibility for multi-generational living or rental income. Surrounded by a mix of residential and commercial properties, there may be potential to pursue commercial zoning (buyers to verify with the County) The first home, a charming multi-level re
sidence (white home), was originally built in 1932 and refreshed in 2020, featuring two bedrooms and two bathrooms (one 3/4 bath and one 1/4 bath). The second dwelling, a yellow multi-level home built in 1985, offers two bedrooms and one full bathroom on the upper level, with an additional bedroom and 3/4 bathroom on the lower level.
This versatile property presents multiple possibilities for investors or owner-occupants alike - generate rental income from both homes, live in one while renting the other, or accommodate multi-generational living. Conveniently located just minutes from shopping, dining, and outdoor recreation, including the nearby Hilo Shopping Center and Wailoa State Park.
**Information herein is based on county records and may not reflect actual property details. Buyers and buyer's agents are advised to independently verify all material facts deemed important to their purchase.**
Key Features
- Built in 1932
- 0.25 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,824/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
619 MILILANI ST
Hilo, HI 96720
WAIAKEA HOUSE LOTS 1ST SERIES
Property Details
Flooring
Parking
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 619 MILILANI ST is listed at $715,000 ($246/sqft). The estimated monthly payment is $3,098 based on 20% down at 6.5% interest.
Key features include: Built in 1932, 0.25 acre lot, 2 stories.
This property is listed by Tessie Fontes and can be reached at 8086404077 or tfontes.rs@gmail.com.
