Fully Let Residential and Commercial Building with Yield Potential in Linz

This well maintained residential and commercial building is located in the Linz urban area about 2 km from the main railway station and comprises 6 residential units plus 2 storage rooms.

The property was last modernised in the garage area in 2023 and is overall in a well kept condition with district heating.

Highlights

• Fully let with stable rental income
• 21 parking spaces, 8 of which are let
• Monthly total income of 9.149,37 EUR
• Current net yield of 4,7 %
• Potential to reach 5,4 % once all spaces are let
• Cellar storage available
• Good infrastructure with local amenities and public transport nearby

Location & Surroundings

The property benefits from bus stops within 0,05 km and further stops within 0,1 to 0,2 km. Supermarkets such as Billa are 0,1 km away and Hofer is 0,3 km away. Restaurants and services are within 0,1 to 0,5 km. A park is located approximately 0,3 km away. The A7 motorway access is 0,7 to 0,9 km away.

Additional Information

The purchase price and further terms are available on request. Current monthly net rent from the residential units amounts to 5.548 EUR. An energy performance certificate is available. Handover takes place after conclusion of the purchase contract.