105 HAIHAI St Hilo, HI 96720

Opportunity awaits in this exceptional Hilo property! Ideally located just down the street from the Hilo Municipal Golf Course and minutes from shopping, dining, movie theaters and historic Downtown, this unique property offers both flexibility and convenience.<br><br>With two fully permitted, recently renovated homes on a single lot, this could be the ideal setting for multi-family living or a potential investment opportunity. The previous owner successfully rented both homes, while the current owner resides in one home and rents out the other.<br><br>The main home, situated at the front of the property, generously boasts over 1,800 square feet of space, including a two-car garage, full kitchen with breakfast bar, dedicated dining room, living area, three bedrooms, and two bathrooms. A spacious enclosed lanai with interior and exterior entrances could be used for a multitude of purposes, while the open-concept design creates a bright and inviting space. The primary suite is equipped with a large walk-in closet and upgraded ensuite bathroom, while the second bathroom offers a convenient a pass-through to the laundry area and enclosed lanai. Step outside to a covered patio with an outdoor kitchen—a perfect spot for barbecues and entertaining, set against the backdrop of a nicely landscaped yard, walking paths, and a cement pond.<br><br>The second home, nestled toward the back of the property, is thoughtfully designed with two bedrooms and two bathrooms, a living area, full kitchen and large laundry/utility area, providing both comfort and space. Just outside of this home are various native plants and fruiting trees including citrus and papaya. <br><br>A fully fenced yard, gated entry and adequate setback from the road ensure additional privacy and a sense of retreat.<br><br>Don’t miss the chance to explore the potential of this rare property in Hilo town —whether as primary residence, a rental investment, or a blend of both!