20 ALAE ST Hilo, HI 96720

** ACCEPTING Backup offers**
LOCATION, LOCATION, LOCATION! Ideally situated in the heart of Hilo, this beautifully renovated and fully furnished 5-bedroom, 2-bath residence offers exceptional convenience just minutes from the Hilo Medical Center, schools, parks, shopping, dining, and everyday essentials. Whether you are seeking an investment opportunity, a multi-generational living arrangement, or a spacious place to call home, this versatile property offers outstanding flexibility and potential.

The upper level features a bright open-concept layout with laminate flooring throughout the main living areas, along with 3 bedrooms and 1 full bath. Step onto the expansive covered lanai and enjoy distant ocean horizon views, the perfect setting for morning coffee, sunset relaxation, or entertaining guests. The kitchen is both stylish and functional, featuring butcher block countertops, floating wood shelving, and seamless flow into the spacious living area.

The lower level includes a large enclosed basement with 2 additional bedrooms, 1 full bath, and a kitchen, providing excellent options for extended family, guests, or potential rental income.

With RM-1 zoning, the property may offer opportunities for multifamily use or a hosted vacation rental, subject to County regulations and approval.

Being sold turnkey and fully furnished, this move-in-ready home is ready for immediate occupancy or income-producing use in one of Hilo's most desirable in-town locations.

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