HILO rent to own home - a townhouse or condo (2 beds, 1 baths)

This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2-bedrooms, 1-bathroom, multiple clost spaces, full kitchen, and living room setup. Totaling a square footage of 695 sqft. This unit is located upstairs for maximized privacy and owner enjoyment. Amenities Include: -Onsite Mail service -Pool access & lounging patio -Designated parking spaces -Newly Upgraded laundry facility on site -Zoned General Commercial (CG-20), which may be conforming for a potential STVR License. Perfect for investment short term or long-term rentals. Buyer to do buyers own due diligence! Just minutes away from all the fun! Located up the road from - Hilo's Friday Night Market, downtown farmers market, an array of local restaurants & eateries, and grocery's such as KTA and Sack N Save. Also, importantly, located just down the road from Hilo Hospitals and School. Recent improvements to the Hilo Terrace complex in recent years include the refinishing of the in-ground pool and laundry facilities in 2019, asphalted parking lot in 2024, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $545 covers water, sewer, gas, c...

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ondo insurance and common area maintenance. Electricity and trash are billed separately. Cable, internet and phone are owner/tenant's responsibilityThis rent to own home is a townhouse or condo located in HILO. It offers in size, 2 beds and 1 baths. Review its detailed information and determine if this HILO rent to own has the qualities you are looking for.  

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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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