This is a leasehold property. Fee is available for purchase separately. Unit may not qualify for conventional financing due to the years left on the lease. The master lease expires 12-31-2028. Monthly lease rent is $93.75. Excellent opportunity to own an affordable 2 bedroom unit in town. Complex has an onsite manager, laundry room, pool and mailboxes. This unit is a desirable end unit. Hilo Terrace is a couple of short blocks to schools, the public library, and downtown Hilo. Monthly maintenance fee covers common area electricity, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately.