Historic apartment long term tenant balcony

This charming residential building dating from 1900 combines classic old-building charm with urban living in one of the most sought-after locations in Vienna – in close proximity to Mariahilfer Straße. The property combines historical flair with urban dynamism and represents an attractive living and investment opportunity in the heart of the 7th district.

In this lovingly refreshed home you can expect a harmonious interplay of modern living comfort and well-maintained substance. The entrance area and the entire staircase present themselves in a new shine after a comprehensive renovation: renewed tiles, high-quality flooring works and freshly painted common areas create an inviting appearance. In addition, the facade has also been completely renewed and rounds off the well-maintained overall image of the house.

An special highlight are the newly constructed courtyard-facing balconies: The generous balconies extend the private living space outdoors and open up a unique green view. This addition not only provides additional living comfort but also sustainably increases the quality of stay – a valuable retreat in the urban environment.

Special attention has been paid to preserving the character of the house while at the same time creating a cozy living atmosphere that meets today’s demands. Whether as a cozy family domicile or as a value-preserving investment – this house is ready for a new life phase.

As part of the upcoming attic expansion, the seller guarantees the construction of a modern passenger lift.

The historic Viennese tenement at Burggasse 119 embodies culture, durability and quality of life in a unique way. The location of the property is characterized by excellent infrastructure for daily needs as well as evening entertainment; within a few minutes you are in Neubaugasse or Mariahilfer Straße. In summer you can enjoy a coffee or an Aperol Spritz on the terrace at local establishments, in winter the popular Spittelberg invites you to the Christmas market – let yourself be enchanted by Vienna’s 7th district.

Public transport:

• U-Bahn U6
• Bus lines 13A, 48A, 57A
• Tram 5, 6, 9, 49

Let yourself be convinced by this high-quality apartment in an excellent location!

Are you thinking about selling your property?

We achieve for you the best possible price – professionally, discreetly and efficiently.

If desired, we also take care of financing, insurance and all further steps.

Now submit a non-binding inquiry!

An indefinitely rented condominium offers an attractive combination of immediate rental income, long-term planning security and tax advantages!

Top 11 on the 1st floor

• tenanted indefinitely
• attractive purchase price for future value appreciation
• regular income immediately after purchase
• current net main rent: EUR 673,52 / month
• current yield before ancillary costs of 2.75%
• value stability of the property
• future rent adjustment
• tax advantages
• upon vacancy of the apartment market rent / increase in yield
• prospects for own use or profitable resale

This property is excellent as a medium- to long-term investment with solid development potential.

Please note: due to the existing tenancy, a viewing is currently not possible. If you are seriously interested (purchase offer), we will gladly coordinate a personal on-site appointment with the tenant and provide you with further documents on request.

Costs / Fees

For the sake of good order we note that, unless otherwise stated in the offer, in case of a successful closing a commission applies, which corresponds to the rates set in the Real Estate Agents Ordinance BGBI. 262 and 297/1996 – that is 3% of the purchase price plus 20% VAT. This commission obligation also applies if you pass on the information to third parties. Finally, we note that we act as co-brokers and there is a familial/economic close relationship between 3SI Makler GmbH and the seller.

The drafting of the contract and escrow handling is bound to the law firm Mag. Schreiber A-1010 Vienna, Schottenring 16. The costs are 1.5% of the purchase price plus 20% VAT as well as cash outlays and authentication. In case of external financing the fee increases to 1.8% of the purchase price plus 20% VAT, cash outlays and authentication.

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

The mediator acts as a dual broker.

Infrastructure / Distances

Health

• Doctor <75m
• Pharmacy <100m
• Clinic <175m
• Hospital <1.425m

Children & Schools

• School <200m
• Kindergarten <300m
• University <575m
• Secondary school <350m

Groceries

• Supermarket <50m
• Bakery <250m
• Shopping center <275m

Other

• ATM <350m
• Bank <350m
• Post <350m
• Police <300m

Transport

• Bus <125m
• U-Bahn <125m
• Tram <125m
• Station <125m
• Autobahn connection <4.325m

Angaben Entfernung Luftlinie / Quelle: OpenStreetMap