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243 Ululani St #0 HIlo
Property

3 Bd  2 Ba  1,440 sf  0.1 ac

Market $no data  

$no data

Assessed$309K
Asking$359K
Market$449K
  1. HI
  2. Big Island
  3. Hilo
  4. Hilo

243 Ululani St #0 HIlo HI 96720

CDH zoning is is the most desirable for its versatility, and is a rare find in Hilo! In attached Addenda, see the County Code for CDH: 25-7-20 for uses and restrictions. This 3/2, 1,440 sf downtown home with a peek-a-boo ocean view has undergone a complete makeover inside, and is ready for a myriad different uses: a home, rental, home/office or full office. Zoning allows for at least a quad plex to be built, something to consider for the investor with long term vision for cash flow. It was most recently a rental but evidence of prior uses was office and hair salon. The range, refrigerator, washer and dryer are only 2 years old. However, the rest of the inside is brand new: vinyl plank flooring throughout, tile in the entries, baths and utility room, oak cabinets in the kitchen, baths and utility room, marble vanity top in master bedroom, new paint in and out. While tax records show year built as 1910, effective year built of 1990 should be viewed. Unlike other homes in the vicinity, this is a double wall frame and it appears from the permit records that a previous owner had made major changes to the home to bring it up to date. A driveway with rock retainer walls was added to allow access to the back of the property where a carport or a small addition could be built, and gate for security. An awesome 3D virtual tour is in the attached addenda for viewing. Tented in 12/19 with a 2 year warranty, and survey completed, map is available. A new roof in the middle section and attic fan helps to drive out the hot air. Some improvements were completed without a permit. To be sold As-Is. On lock box easy to show. Also listed under commercial, MLS#: 646135.

Financial

Status
hidden
Asking Price
$359,000
Assessed Value
$309,200
Year Assessed
2019
Property Taxes
$275/mo
Parcel #
230120290000

The Basics

Status
Off Market
Property Type
House
View
Ocean

Building

Property Type
House
Beds
3
Baths
2
Living Area
1,440 sf
Year Built
1910
Waste Water
Sewer-Connected
Water
Municipal
Power
Overhead

Land

Tenure
Fee Simple
Lot Number
29
Lot Description
Clear
Lot Size
0.1 acres (5,621 sf)
Elevation
No data
Latitude
19.72101545
Longitude
-155.08756819
Subdivision
HILO TOWN
Roads
County, Paved
Zoning
CDH - Downtown Hilo Commercial District
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 3 - Areas less hazardous than zone 2 because of greater distance from recently active vents and (or) because of topography. 1-5% of zone 3 has been covered since 1800, and 15-75% has been covered within the past 750 years.

Parking

Vehicle Storage
Other (remarks)

Amenities

Flooring
Ceramic Tile, Laminate
Inclusions
Blinds, Dryer, Washing Machine, Disposal, Microwave Hood, Refrigerator, Range/Oven
Internet
Cable
Telephone
Land Line
TV
Cable
Fence/Wall
Chain Link, Rock/Stone
Heating/Cooling
Other (remarks)