Description
Turnkey Investment Opportunity in Hilo: Active, Fully Furnished Vacation Rental! Maximize your portfolio with this top-floor, corner unit in Wainaku Terrace, currently operating as a successful active vacation rental. This prime investment comes fully furnished and completely refreshed, offering a seamless, guest-ready transition for its next owner. As a coveted corner unit, extra windows frame views of the lush green countryside and fill the open-concept layout with natural light, creating a bright and airy atmosphere that guests love. The thoughtful floor plan features separate bedrooms, including a Master Suite complete with a dedicated vanity space, a large walk-in closet, and direct access to a full bath. Visitors can also relax, sunbathe, and entertain at the common pool area.A comprehensive monthly maintenance fee of $821 covers essential utilities and operations: water, water heating, sewer, refuse, exterior pest control, pool and grounds maintenance, laundry facilities, property management services, building insurance, a resident manager, and reserve funding. Location is key for high occupancy. Wainaku Terrace sits just blocks from Hilo's beautiful Bayfront in Historic Downtown Hilo. Guests are steps away from a vibrant local lifestyle featuring shopping, restaurants, a farmer's market, groceries, museums, banks, medical services, and a public library. The area also offers excellent recreation, including canoe racing, a local surf break, parks, community events, and nightlife. Whether you're looking for a high-performing short-term rental or a personal tropical getaway, this property delivers the ultimate Hilo experience.
Details
| MLS # | 730724 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $821 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 98 |
| Listing Provided By | COMPASS | David L Skeele |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 706 |
| Pool | Yes |
| Zoning | RM-1 |
Taxes
| Property | 2767 |
|---|
Area Information
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | PUUEO |
| Listing VS Median (in PUUEO) | |
Price: $250,000 low | high Med: $290,000 sqft: 706 low | high Med: 906 $ / sqft: $354 low | high Med: $320 On site: 98 low | high Med: 333 | |
Market Activity 96720
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Learn More About This Property
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | PUUEO |
| Listing VS Median (in PUUEO) | |
Price: $250,000 low | high Med: $290,000 sqft: 706 low | high Med: 906 $ / sqft: $354 low | high Med: $320 On site: 98 low | high Med: 333 | |