5% CAP-PRIME investment opportunity in the heart of Honolulu! Located at 1671 Citron Street, this well-maintained multi-family property offers exceptional value in a high-demand unbeatable urban setting. The concrete first floor and durable metal roofing provide long-lasting structural integrity, ideal for withstanding Hawaii’s climate. Each of the five units comes with convenient 1:1 parking, a rare and valuable amenity in town. Just steps away from a vibrant mix of restaurants, grocery stores, and shops, this property is ideally positioned for both tenants and investors. Featuring a desirable unit mix of (3) 1-bedroom and (2) 2-bedroom units each with its own lanai and original built-in cabinet storage. This building is separately metered for electricity and includes ample on-site storage. All five units are currently tenant-occupied, month-to-month with rents under-market offering immediate potential to increase income and capture strong rental upside in one of Oahu’s most dynamic neighborhoods. Don’t miss this chance to invest in a high-demand area with consistent and proven rent and property value growth! Building plans, NOI, survey and rent roll available upon request.
Listing courtesy of Five Star Realty, Inc..
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