14-3307 Dolphin Ln - Residential Income FOR SALE


Pahoa, HI 96778
$478,000 USD
808-443-6219
14-3307 Dolphin Ln, Pahoa, HI for Sale
$478,000 USD
Residential Income - FOR SALE
1/22
null | 8% Cap Rate

14-3307 Dolphin Ln
Pahoa, HI 96778


HIGHLIGHTS

  • License as a vacation rental. The county of Hawaii is no longer new license/permit for residual areas.
  • Home is a short 5 minutes drive to Pahoa Town. The fasting growing town in the of Hawaii
  • Short drive to the warm ponds, Kehena Beach Park and Hilo town

OVERVIEW

Did you know that it is impossible to buy a house and turn it into a licensed vacation rental? In 2019 500 permits were issued to a few lucky homeowners. In 2021 only 168 out of 500 were renewed. For 2022 I am sure that the number is much smaller. So what does that mean? This vacation rental is fully permitted and your option of renting it out as such will give you a chance to re-cap on your investment. The license/permitted is fully transferable and the day you became the owner, you are able to rent it out like a hotel. Great care was taken to ensure that all guests are happy and safe. There is a Gazebo in the back with a BBG grill, A screened lanai in the front, and a washer/dryer in the carport. The unit is always booked when I want it booked. High-speed internet and county water. The roof was replaced in November 2019.

FOR SALE DETAILS

PRICE

$478,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

residential

APN/PARCEL ID

3-1-4-055-025-0000

ASK ABOUT THIS PROPERTY

Lucena NicolasPineapple Homes LLCMore Info
808-443-6219

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Lucena NicolasPineapple Homes LLCMore Info
808-443-6219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.