Multi-family house with 8 apartments in Enns

Apartment building with 8 apartments in Enns.

This charming multi-unit residential building in a good location in Enns offers an attractive opportunity for investors. The original property was expanded in several construction stages in 1961 and 1992 into the residential building it is today. According to a usable-value assessment from 1982, 5 units were documented, although the property was adapted to a total of 8 residential units by 1992. The adjustment in condominium ownership is still pending, which, however, offers the sole owner maximum flexibility in the future use and management of the property.

When fully rented, the building currently generates stable net rental income of 3.121,70 € net. The yield can be further optimized through targeted modernizations.

Highlights:

• 8 rental units
• Sufficient parking spaces on the property
• Spacious attic
• Ongoing income: Long-term tenants and stable rent payments
• Optimization potential: Increase in value through modernizations.
• Location: Attractive location with good infrastructure and transport connections in Enns.

Location & infrastructure:

Enns, Austria’s oldest city, offers a charming combination of history and modernity. Attractions such as the Enns Town Tower or the Museum Lauriacum are only a few minutes away. At the same time, Neugablonz benefits from a family-friendly neighborhood and modern infrastructure.

Direct access to the A1 motorway (approx. 10 minutes) is ideal for commuters to Linz and Steyr. Shopping facilities are available in the nearby supermarkets, pharmacies and retail stores. Kindergartens, primary schools and secondary schools are located in the surrounding area.

At the nearby Enns river recreational area, you will find numerous leisure and sports opportunities, including cycling and hiking trails. This location combines peace and quality of life with excellent connections, making it particularly attractive for both tenants and investors.

Energy performance certificate:

The heating demand amounts to 175 kWh/m2a, fGee = 2,22

Apartment overview and rental income:

• Apartment 1: 450 € net
• Apartment 2: 439 € net
• Apartment 3: 400 € net
• Apartment 4: 450 € net
• Apartment 5: 410 € net
• Apartment 6: 230 € net
• Apartment 7: 465,70 € net
• Apartment 8: 277 € net

Total monthly rental income: 3.121,70 € net

Dual agency:

As real estate agents, we act as dual agents on the basis of established business practice (see §5, para. 3 of the Estate Agent Act) and are therefore required to support both parties to the contract (seller-buyer, landlord-tenant). Please note that, due to our obligation to provide proof to the owner, we can only process inquiries containing the complete address and telephone number.

Additional costs:

In particular, the real estate transfer tax (3,5%), the land register registration fee (1,1%), the broker’s commission (3,6%), the costs of preparing the contract, cash expenses, etc. are not included in the purchase price. Furnishings included in the advertising brochure are not part of the purchase object, but serve only for illustration.

Liability disclaimer for the listing:

We point out that all information has been prepared to the best of our knowledge and belief. We assume no liability for information and details provided to us by the owners and third parties. This offer is non-binding and subject to availability. Prior sale, errors, printing errors and changes reserved. We expressly point out that the furniture and inventory visible in the photographs are not included in the advertised price.

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The agent acts as a dual agent.