Turnkey and fully furnished, this lovely 2-bedroom, 1-bath condominium at Hilo Terrace offers a rare opportunity to step into an established, operating Short-Term Vacation Rental. Unit 109 is being offered completely furnished and ready for immediate use, whether as a successful vacation rental, second home, or flexible investment property. With an existing STVR in place, the next owner can enjoy the convenience of acquiring a property that is already set up for guests rather than starting from scratch. Hilo Terrace has also benefited from significant recent capital improvements throughout the complex. The in-ground pool and laundry facilities were refinished in 2019, the parking lot was asphalted in 2024, and new roofs were installed on all buildings in 2023.
| MLS # | 733101 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $630 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 70 |
| Listing Provided By | Hawai'i Modern Realty | Colleen Sullivan |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 695 |
| Zoning | CG-20 |
| Property | 1460 |
|---|
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | HILO |
| Listing VS Median (in HILO) | |
Price: $255,000 low | high Med: $219,500 sqft: 695 low | high Med: 695 $ / sqft: $367 low | high Med: $316 On site: 70 low | high Med: 284 | |
| State | HI |
|---|---|
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | HILO |
| Listing VS Median (in HILO) | |
Price: $255,000 low | high Med: $219,500 sqft: 695 low | high Med: 695 $ / sqft: $367 low | high Med: $316 On site: 70 low | high Med: 284 | |