For sale: a 3-room apartment in the well-established Mustamäe district of Tallinn. The apartment requires full renovation, offering the new owner the opportunity to design a home according to personal preferences or to create an investment property for rental purposes.
LOCATION
The apartment is located in Harju County, Tallinn, Mustamäe district, at Sütiste tee 54. The area has well-developed infrastructure with shops, public transport stops, schools, kindergartens, and green areas nearby. Good connections to the city centre and other districts are provided by Mustamäe tee and Ehitajate tee. Various services as well as sports and leisure facilities are within walking distance.
BUILDING
The panel building was constructed in 1968. The house has central heating and replaced utility systems. The staircase is locked and equipped with an intercom and mailboxes. The building has an energy efficiency rating of C. The roof is covered with roll roofing material. The apartment association is active and well-functioning.
APARTMENT
The apartment is located on the 5th floor of a 5-storey building. The total living area is 61.0 m². The layout includes 3 rooms: a living room and two bedrooms, a separate kitchen, a bathroom, and a separate toilet.
The apartment requires major renovation. Ventilation is missing. The windows in the living room and one bedroom have not been replaced. The hallway has laminate flooring, and the kitchen has PVC flooring. The bathroom and toilet are separate; the bathroom includes a bathtub and a washing machine. A gas stove is installed. There is an open balcony.
A storage unit belongs to the apartment, and its price is included in the sale price.
PARKING
Free parking is available in front of the building, subject to availability. A parking space is included in the property price.
UTILITIES
Utility costs are approximately 95 € in summer and around 145 € in winter, plus water and electricity according to consumption.
The apartment is currently rented out under an open-ended lease agreement. The monthly rental income is 450 €, making the property suitable also for an investor seeking an existing rental yield.
If you are looking for an apartment in a good location in Mustamäe with the opportunity to create a home tailored to your needs, this offer is worth considering.
Contact us to arrange a suitable time for a viewing.