$700,000
$675,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
560 SqFt
SOLD DATE : 10/01/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 560 sqft
Price per Sqft $1,250
Subdivision Waiakea Camp Residential
MLS Listing ID 721580
Sold Date 10/01/25
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1936
Annual Tax Amount $5,543
Tax Year 2025
Lot Size 560 Sqft
Property Sub-Type Duplex
Source Hawaii Information Service
Land Area 7500
Property Description
Permitted multi-unit short-term vacation rental in Hilo. Located on quiet Pamala Place, this 5-bedroom, 3-bath home offers a rare opportunity to own a fully permitted and proven short-term vacation rental. With a strong recent earning history of over $100,000 per year, this property is turn-key and fully furnished, ready for immediate use as an income-producing investment or flexible multi-generational living.
The upper level features 2 bedrooms and 2 baths, a spacious living room filled with natural light from large windows, and a cozy back lanai perfect for morning coffee or evening relaxation. The kitchen and dining area have been updated with vinyl plank flooring, blending durability with modern style.
The lower level serves as a separate living space with 3 bedrooms and 1 bath. It has been tastefully updated with vinyl plank flooring and a kitchen featuring quartz countertops. Just outside, a covered lanai provides an inviting spot for outdoor seating.
Situated in a great location near shopping, restaurants, and Hilo's many attractions, this property also offers ample parking for guests or residents, adding to its convenience and appeal.
Take a look at this property video: https://realestatevideos.vids.io/videos/5a9bdbb51f1be5c8d0/40-pamala-pl-rev
Location
State HI
Community Waiakea Camp Residential
Area Hi
Zoning RD-3.75
Region South Hilo
City Region South Hilo
Interior
Hot Water Electric
Flooring Carpet, Vinyl
Appliance Dryer, Range, Range Hood, Refrigerator, Washer
Exterior
Parking Features Covered, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N No
Water Access Desc Public
Garage No
Private Pool No
Building
Entry Level Two
Sewer Cesspool
Others
Ownership Full
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Fee Simple, Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"The success of my entire career has been through sphere of influence, word of mouth, direct referral, and repeat business. Mahalo for your continued support!"