For investors: House with 3 apartments at Steindl

Investment property with 3 apartments and a beautiful view

A small investment property with an extended attic and a nice, small garden is being offered for sale. The building, originally constructed as a two-family house, was expanded to a total of 3 apartments with an attic conversion in 2011 and therefore comprises the following units:

• Top 1 (raised ground floor): 58 m² / living room, bedroom, kitchen, bathroom/WC / fixed-term tenancy agreement until Nov. 2032 / net HMZ € 406,33
• Top 2 (garden apartment on the upper floor): 85 m² / living room, kitchen, 2 bedrooms, bathroom/WC + own garden / fixed-term tenancy agreement until Feb. 2030 / net HMZ € 632,86
• Top 3 (attic apartment with balcony): 85 m², living kitchen, 2 bedrooms, bathroom/WC + balcony / fixed-term tenancy agreement until Oct. 2028 / net HMZ € 683,11

Total WNFL: 228 m³

Total rental income: € 1.722,30 per month (net HMZ) = € 20.667,60,- per year.

All apartments are equipped with gas central heating systems, there is a small cellar passage on the ground floor, and there is a small garden shed in the garden. The windows on the upper floor and attic offer a wonderful view over the city of Krems, across the Danube, as far as Göttweig.

Due to its walking distance to the centre, the property is also suitable for personal use (after the fixed terms expire).

The expected purchase price is € 650.000,-, corresponding to a yield of 3,18% and a price per m² of € 2.850,-.

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KUTTENBERGER IMMO was awarded* four years in a row with the quality seals IMMO CHAMPION 2023, TOP IMMO EXPERTE 2024, TOP IMMO EXPERTE 2025 and TOP IMMO EXPERTE 2026! (*by Kurier and IMWF - Institute for Management and Economic Research)

We point out that there is a family or economic relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <1.000m
  • Clinic <1.500m
  • Hospital <1.000m
• Children & schools
  • School <500m
  • Kindergarten <1.000m
  • University <1.000m
  • Secondary school <1.000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1.000m
• Other
  • ATM <500m
  • Bank <1.000m
  • Post office <1.000m
  • Police <1.000m
• Transport
  • Bus <500m
  • Motorway access <1.500m
  • Train station <1.000m
  • Airport <4.000m

Distances as the crow flies / source: OpenStreetMap