400 Hualani St , #4325

Description

Condos in this complex don't last long on the market for a reason. This studio condo has a large room with a kitchen along one wall, a full bath and a private covered lanai that overlooks the pool area from the top floor. Long and short term rentals are allowed and this condo has had the same renter for nearly 9 years. (She is willing to either stay and continue renting or move out by closing depending on the wishes of the buyer.) Centrally located, This condo is walking distance from many of Hilo's highlights. It sits adjacent to Wailoa River State Park with paths and bridges and a boat launch. Hilo Bay and the beautifully decorated Lili'uokalani Gardens are within a mile. The Hilo Farmer's market is under 2 miles away and the University of Hawaii is about 1.3 miles away. Many restaurants and shopping areas are close as well. Monthly fee includes water, sewer, community area insurance and building insurance, cash for reserve fund, pool maintenance and common area maintenance, and trash along with common electricity. Electric is sub-metered for each apartment and will be billed monthly by the HOA. Current electric is approximately $91 but will vary with usage. There is currently a 6 month special assessment fee for all units that ends in December, 2023. This fee is $293.70 extra per month for the 6 months. (See the Special Assessment document to see the list of improvements this special assessment covers.) Laundry facilities are in each building and can be used via App for convenience.