Exceptional opportunity to acquire a 1-bedroom, 1-bathroom dual entry condominium consisting of approximately 519 sq/ft of living space in Waiakea Villas. This is a low-rise, fee-simple condominium nestled in a lush tropical setting with hotel resort zoning, allowing for both long-term residency and short-term vacation rentals.<br><br>Immerse yourself in the tranquil ambiance of Waiakea Villas, this property features a delightful swimming pool, picturesque walkways, koi-filled waterways, and a coin-operated laundry in each building for added convenience.<br><br>Monthly Homeowner Association Fees cover an array of utilities, including common area electricity, water, sewer, and gas for hot water. Additionally, it encompasses common area maintenance such as swimming pool upkeep, parking facilities, landscape maintenance, and trash collection, along with contributions to a reserve fund.<br><br>Electricity is separately metered, with costs depending on individual usage. Please note that monthly association fees do not cover cable TV, internet, and telephone services.<br><br>Situated in the heart of Hilo, experience the convenience of a short stroll to Hilo Bayfront and the downtown Farmer's market, surrounded by scenic jogging paths and picnic pavilions in Wailoa Park. Indulge in nearby shopping, dining and entertainment offerings. Don't miss the opportunity to own a piece of paradise that seamlessly combines tranquility with accessibility.<br><br>Buyer and buyer's agent are responsible for thoroughly investigating all relevant and essential information concerning the acquisition of this property.