Attractive multi-family house with development potential in Linz-Urfahr

This multi-family house, built in 1970, is located in an attractive area of 4040 Linz-Urfahr on a 592 m² plot. It offers a total usable area of 368.19 m² and interesting development potential for investors. One residential unit on the 1st floor is rented indefinitely, the other apartments until 2027. Between 2009 and 2011, the property was comprehensively renovated, including full thermal insulation (15 cm), conversion of heating from oil to gas, floor plan optimizations, and modernization of apartments on the ground and upper floors. The building has a cellar and features a garden as well as on-site parking spaces.

• Multi-family house with 368.19 m² usable area on 592 m² plot
• Attractive green and quiet location in Linz-Urfahr
• Garden use and on-site parking spaces
• Comprehensive renovation 2009-2011 (full thermal insulation, gas heating)
• Annual net rental income: €41,190.22, yield: 4.63 %
• Energy certificate: HWB 43 kWh/m²a (class B), fGEE 0.78 (class A)
• Cellar available
• Good public transport connections

Location & Surroundings

The property is situated in a conveniently accessible green and quiet area with excellent connectivity. Public transport is immediately nearby. Kindergartens, schools, and Johannes Kepler University Linz are in close proximity. Supermarkets, doctors, and pharmacies are easily reachable. The location is ideal for families and students. Parking spaces are available directly on site.

Additional Information

• Annual net rental income total: €41,190.22
• Total apartment yield: 4.63 %
• Energy performance certificate: HWB 43 kWh/m²a (class B), fGEE 0.78 (class A), building type residential
• Renovation: 2009-2011