Attractive investment property in Eggerding, fully let multi-family house

For sale is a fully rented multifamily house in Eggerding, Upper Austria, which is particularly suitable for investors. With a generous total living area of around 322 m², the property offers an interesting opportunity for a sustainable real estate investment with existing rental income.

The building has been extensively modernized and impresses with its solid massive construction as well as contemporary fittings. Heating is provided by a central heating system, with some areas heated by underfloor heating and some by radiators.

An added value is the generous outdoor areas. A well-kept garden and two terraces offer residents attractive opportunities for relaxation and leisure activities and additionally contribute to the property's residential quality.

The extensive parking offer is also noteworthy: in addition to two garages, there are a total of eleven additional car parking spaces available. This provides the property with comfortable parking options for the existing tenants and their visitors.

Fully rented with ongoing rental income

The entire residential building is currently rented and currently generates net rental income of a total of € 2.827,09 monthly. This corresponds to an annual net rental income of € 33.925,08.

With a purchase price of € 650.000,– this results in a current yield of around 5,22 % p.a. on the purchase price.

The yield calculation is based on the current net rental income in relation to the purchase price and does not take into account acquisition incidental costs, financing costs or other non-recoverable expenses.

Continuously modernized

In recent years, extensive investments and renovation measures have been carried out on the property. These include, among others, the pellet heating system from 2021, extensive metal construction work, the local water and fiber optic connection, work in the cellar and sewer area as well as the creation of new parking spaces and the completion of the outdoor facilities.

The combination of full rental, ongoing income, generous living space, extensive parking options and carried out modernization measures makes this property an interesting investment opportunity in Upper Austria.

• Purchase price: € 650.000,–
• Net rental income: € 2.827,09 monthly
• Net rental income: € 33.925,08 yearly
• Yield on the purchase price: approx. 5,22 % p.a.

We will be happy to provide you with the detailed rent schedule and further documents on the property upon further interest.

Arrange a viewing appointment and see for yourself this attractive investment property in Eggerding.

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Please note that there is a family or economic close relationship between the intermediary and the third party to be mediated.