A tastefully renovated and furnished apartment with 5 rental rooms for sale in the heart of Tallinn, in the immediate vicinity of Stockmann, on Liivalaia Street.
The total rental income of the apartment is 1 420 euros per month.
The total rooms and rentals are as follows:
Room 1: 12.5 m2, rental price 290 € / month (separate kitchen in room)
Room 2: 10.5 m2, rent price 250 euros / month
Room 3: 14.3 m2, rental price 270 euros / month
Room 4: 13 m2, rental price 290 euros / month
Room 5: 20.6 m2, rent price 320 euros / month
Utilities are added to the rental prices.
All rooms are lockable and private and have separate security doors. Each room has a (sofa) bed, desk, chairs, wardrobe and refrigerator. The tenants share a kitchen (with cooker, oven, dishwasher and microwave), shower/toilet with washing-machine and dryer, another toilet and hallway. Besides, the apartment has a basement box where tenants can store their bicycles. A possibility to park one car for free in the courtyard.
The registered area of the apartment is 79.9 m2, but during the renovation of the building the balconies of the apartments of the housing association have been closed and thus the actual total floor space of all apartments is larger (this apartment is 91.4 m2, based on which utility bills are issued).
The apartment building has been renovated and has a strong housing association. Stairwells in good condition, house heating unit, plumbing, electrical wiring and facade renovated. The house has an elevator.
The excellent location ensures very good rental demand and the vacancy rate of the apartment has been close to zero. Everything necessary for life is in the immediate vicinity and tenants know to appreciate it.
A valuable investment worth checking out!
Get in touch: +372 5697 9920 and/or email@example.com