40 Pamala Pl, Hilo, HI 96720

Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
40 Pamala Pl,Hilo, HI 96720
$675,000
  • 5 Beds
  • 3 Baths
  • 2,357 sq. ft.
  • Multi-family
  • Active
Listed by:howard meguro8088962549
Office:coldwell banker island properties - hilo
MLS#:721580
Source:HI_HIS

Price summary

  • Price:$675,000
  • Price per sq. ft.:$286.38

About this home

Permitted multi-unit short-term vacation rental in Hilo. Located on quiet Pamala Place, this 5-bedroom, 3-bath home offers a rare opportunity to own a fully permitted and proven short-term vacation rental. With a strong recent earning history of over $100,000 per year, this property is turn-key and fully furnished, ready for immediate use as an income-producing investment or flexible multi-generational living.<br><br>The upper level features 2 bedrooms and 2 baths, a spacious living room filled with natural light from large windows, and a cozy back lanai perfect for morning coffee or evening relaxation. The kitchen and dining area have been updated with vinyl plank flooring, blending durability with modern style.<br><br>The lower level serves as a separate living space with 3 bedrooms and 1 bath. It has been tastefully updated with vinyl plank flooring and a kitchen featuring quartz countertops. Just outside, a covered lanai provides an inviting spot for outdoor

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Home facts

  • Year built:1936
  • Listing Id #:721580
  • Added:18 day(s) ago
  • Updated:August 21, 2025 at 11:31 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,357 sq. ft.

Structure and exterior

  • Year built:1936
  • Building area:2,357 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Cesspool

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$286.38
  • Tax amount:$5,543 (2025)
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.