Investment in a prime location near the First District Long term tenanted old building apartment in courtyard location Representative turn of the century building on the 3rd floor

For sale is an indefinitely rented pre-war apartment in an absolutely top location in the 3rd district, not far from the 1st district. The property is oriented to the east toward the quiet inner courtyard and is on the last regular floor (= 3rd floor - currently without an elevator) of a representative turn-of-the-century building with a richly articulated street façade. As part of the ongoing attic expansion (planned completion Summer 2027) a lift will be installed, with no proportional lift costs, but the proportional monthly costs of ongoing operation to be borne by the buyer.

Photos of the interior of the apartment are not yet available.

Highlights

• U3/U4, CAT and S-Bahn in direct proximity (Landstraße/Wien Mitte)
• The 1st district is reachable in only about 10 minutes on foot
• Hundertwasser House right around the corner
• The Danube Canal is within walking distance
• excellent infrastructure (The Mall shopping center in close proximity)
• a representative turn-of-the-century house
• quiet courtyard location
• ceiling height up to about 3.26 m
• potential for appreciation in value once the apartment becomes vacant

Infos zur Wohnung

• Stockwerk: 3rd floor (= last regular floor) currently without a lift - will be served by a mezzanine floor after completion
• Zimmer: 1 + separate kitchen
• Ausrichtung: East
• Heizung: gas-fired heating
• Fahrradabstellraum: will be installed in the basement as part of the attic expansion
• Kellerabteil: yes, approx. 1 m²

Infos zum Bestandsverhältnis

• since 07/2011 indefinitely rented
• according to the attached LMR extract two registered persons in the apartment
• HMZ: € 447,96 net per month currently - HMZ value-protected per lease agreement
• Net annual rental income: € 5.375,52 currently

Purchase price: € 180.000,00

Running costs: € 84,99 incl. 10% VAT per month currently (still excluding lift costs)

Repairs reserve: € 35,03 per month currently

Commission: 3% of the purchase price plus 20% VAT

Contract preparation: 1.5% of the purchase price plus 20% VAT plus out-of-pocket expenses and notary costs (Kanzlei Engin-Deniz Reimitz Hafner Rechtsanwälte KG)

I look forward to your inquiry and am happy to answer any questions.

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

The broker acts as a dual broker.