Apartment Package near Yppenpark

The property includes three permanently rented residential apartments with a total of approximately 110 m² living space, four permanently rented commercial premises, and two storage rooms in the courtyard.

The building dates from 1908, is in need of renovation, and is heated by gas.

The current monthly net rent amounts to EUR 1,101.95, resulting in an annual net income of EUR 13,223.40.

Highlights

• 110 m² total living space across three rented apartments
• Four rented commercial units and two storage rooms in the courtyard
• Annual net yield of EUR 13,223.40
• Starting price from EUR 89,000
• Gas heating and full furnishings
• Flat roof

Location & Surroundings

The property is located in the heart of Vienna’s 16th district, Ottakring. Around the adjacent Yppenplatz you will find numerous restaurants with outdoor seating. Yppenpark offers 4,500 m² of green space including a water feature and playground, just a few minutes’ walk away. Supermarkets such as Penny and Spar are located around the corner. Several tram, bus, and U6 subway lines (Josefstädter Straße station) provide excellent connectivity.

Additional Information

The purchase price starts from EUR 89,000. Prices are gross for owner-occupiers. The energy certificate shows a heating energy demand of 176.8 kWh/m²a (class E) and a primary energy demand of 2.35 kWh/m²a (class D). Completion has already taken place.