Top investment apartment bright, quiet old-building apartment with elevator near Währinger Park for sale

Top-investor apartment! Bright, quiet old-building apartment with elevator near Währinger Park for sale.

The location: The property for sale is approximately 49 m² in size, renovated, very bright and quiet 2-room old-building apartment on the 1st floor of a 2010 fully renovated, beautiful and representative corner house in the popular 19th district. The location convinces with an excellent infrastructure: both U4 and U6 as well as tram and bus lines are in the nearby area and quickly accessible on foot.

The apartment: The apartment was fully renovated in 2010 and is in very good condition. In 2023, the following additional works were carried out:

• Painting work in the entire apartment
• Parquet work (refurbishment of baseboards, laying of the floor)
• Maintenance of windows and doors
• Renewal of silicone joints in sanitary fittings
• Maintenance and inspection of the gas boiler

The layout is well thought out and practical: Through a central foyer one reaches all rooms. The apartment has a bedroom, a large living/dining room with a modern kitchenette (including all appliances) as well as a bathroom with bathtub and toilet. High-quality oak parquet flooring and stylish tiles give the apartment a timeless and elegant character. Heating is provided by a serviced gas-fired central heating system, and the new windows (2010) help reduce heating costs. An approximately 4 m² basement storage room completes this attractive offer.

Current rental status: The apartment is rented for a term of 3 years and is therefore ideal as an investment property.

The costs:

• Purchase price: € 275.000,--
• Operating costs: € 114,09 / month
• Repair reserve: € 44,03 / month
• Repair reserve balance as of November 2023: ca. € 58.000,--
• Purchase ancillary costs: ca. 10 % of the purchase price (including 3,6 % broker fee)

I look forward to your valued contact and would be very happy to arrange a viewing.

Roland Gith: 0676 / 938 14 29 or [email protected]

IMMO-GITH is acting as a dual agent for the seller and the interested party.

Due to ongoing business activity, it is noted that there is a close economic relationship between the owner and IMMO-GITH.

We would like to point out that there is a familial or economic close relationship between the intermediary and the third party to be mediated.

The mediator is acting as a dual agent.