$10,000 Closing Credit¹
#717758, Listing Office: Century 21 Homefinders of Hawaii
$10,000
closing credit¹
76 Palai St Hilo, HI 96720
$849,000 List price
$10,000
Closing credit¹
5 beds
3 full, 1 partial
2,092 sqft
$406 / sqft
Multi-Family
Property details
About 76 Palai St
Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports on one TMK# makes for easy management. Good tenants, good income. Subdivision possible. Buyer is advised to do their due diligence.<br><br>Renovations on all three units:<br>New roofing & refinished in some areas<br>New countertops, Quartz in unit B<br>New paint, interior and exterior<br>New windows in unit B<br>New bathrooms<br>New flooring<br>New lighting, fans<br>New hardware<br>New faucets<br>New carpentry work throughout<br><br>Fumigation was completed. All units have a separate electric meter installed by HELCO. Rent roll: Unit A $1,832.46 Unit B $2,100 Unit C $1,937.17. Cap Rate 7.5%<br><br>The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county.
Highlights
Home typeMulti Family
StatusActive
Size2,092 sqft
Year built1958
ParkingAssigned, Covered, Attached, Detached
MLS #710954
Summary
- MLS Number: 710954
- Office Name: Big Island Properties
- Office Phone: (808) 345-2202
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$849,000
76 Palai St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Waiakeawaena Elementary School
Public District PK-5
0.4 mi
•2420 Kilauea Ave
5
Waiakea Elementary School
Public District PK-5
1.3 mi
•180 W Puainako St
4
Chiefess Kapiolani Elementary School
Public District PK-6
2.6 mi
•966 Kilauea Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,593. Typical income of Hilo, HI residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
59%
35k-100k
21%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
16%
Single, with Kids
24%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Extreme Sports
Figure Skating
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Kmart
Where do the neighbors go to eat?
Cracker Barrel
Little Caesars
Bob Evans
What do the neighbors drive?
Ram
Chevrolet
Buick
What do the neighbors listen to?
Classic Country- Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Hilo, HI
About 76 Palai St
This home is located at 76 Palai St in Hilo, HI and zip code 96720. This 2,092 square foot home was built in 1958. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 8, 2024 and is currently priced at $849,000.
Between December and January 2025, Hilo, HI real estate market has seen increase in the number of listings by 21.2%. While the average time on the market in January 2025 was 212 days, the median list price was $625,000.
From Rocket Homes Real Estate and based on county public records data.