Attractive income-building in Wels fully rented: modernized, 256 m², garden, garage and 7 parking spaces

Important data upfront!

The house was partially built in 1938, renovated in 1989, DG 2019 newly built!

In 2015 all wiring(Water, electricity) were renewed

In 2016 new heating (gas)

Roof and full thermal insulation 2019

• There are 4 units(90+80+40+47m²) in the house, 3 are rented until May 2028 and one unit until 2027. The leases are always for 3 years.

Due to the rental income, the net yield is approximately 4%

The listed operating costs include insurance, garbage, property tax, electricity generally, water, gas, sewer

Welcome to a unique opportunity that promises an attractive return for both investors and future owners! This impressive investment property or multifamily house in the vibrant city of Wels in Upper Austria combines modern living with value-enhancing potential.

With a generous area of 256 m², this property offers ample space for several residential units and thus represents an ideal investment opportunity. The extensive modernization work carried out in recent years ensures that the apartments are not only contemporary but also energy-efficient. Here, your future tenants can enjoy the high level of living comfort they seek.

The charming multi-family house is surrounded by a welcoming garden that offers relaxation and outdoor recreational possibilities. Imagine your tenants relaxing in the garden on warm summer evenings or hosting barbecues together. These additional amenities help to increase the attractiveness of the property and raise the likelihood of strong rental demand.

Furthermore, there is a garage that not only provides a secure parking space for vehicles but also creates extra storage space. For guests or additional vehicles you have seven parking spaces available right away. This is a particularly valuable feature in urban areas where parking space is often scarce.

The location in Wels is another plus for this property. Wels is known for its excellent quality of life, good access to the transport network and the wide range of shops, restaurants and educational institutions. These factors contribute to the city being highly attractive for both families and singles.

Take advantage of this unique opportunity to invest in a high-yield property that allows both short- and long-term leases. Whether you want to rent out the entire property or sell individual units, the possibilities are varied.

Don't miss this opportunity! Contact us for more information or a viewing appointment and discover the potential of this impressive multi-family house in Wels. Invest in your future – the foundations for sustainable success are already laid!

The broker acts as a dual agent.