75-5776 KUAKINI HWY Unit 119, Big Island, HI 96740

$199,900
1
BA
372
SqFt
Sold Price
$199,900
List Price
$199,900
Days on Market
250
Closing Date
Jan 12, 2024
MLS#
702301
Status
SOLD
Type
Condo
Building
Kona Islander Inn
Full Baths
1
Living Area
372
Land Tenure
Leasehold

Property Description

This is a leasehold property. One of the BEST income properties available for the price, with a good return on investment. Successful vacation rental with 56 years left on the current leasehold. Unit 119 has a great rental history and 5 star reviews. Completely turnkey and ready to go ! Start making money right away! Very nice and popular unit, turnkey and in top condition, located in the well liked and charming Kona Islander Inn condo hotel in the heart of Kailua-Kona by the ocean. The unit is well equipped with an air conditioner, microwave, small fridge, and linens. The Kona Islander Inn has tropical landscaping, pool & spa, 2 BBQs, and front desk staff who can manage check in & outs if needed. This prime downtown Kona location is close to restaurants, beaches, Pier, volleyball courts, and has direct access to Alii drive and Kuakini Hwy. On-site laundry room accessible by key card. Designated as a Hotel and DOES NOT need a vacation rental permit ! The maintenance fees include electricity, water & sewer, trash, basic cable, high speed internet, and all exterior and grounds maintenance. MLS # 702301

Additional Information

Island
Big Island
View
Garden
Frontage
Almost Oceanfront
Year Built
1969
Building Name
Kona Islander Inn
Sewer
Sewer-Connected
Unit
119
Zoning
V-.75
Water
Municipal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Broker LLC. Selling Office: .

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2024 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.