House for Sale in Sofia, Karpuzitsa
Renovated Income Building with Seven Rented Apartments in Karpuzitsa for Sale in Sofia, Sofia City Province, Bulgaria
An investment property with good returns: a building divided into 7 separate one- and two-bedroom apartments, all rented to a company for its employees, with a current yield of 5.7% per year. The building has four floors: a one-bedroom and a two-bedroom apartment on the first floor, two one-bedroom apartments each on the second and third floors, and a self-contained two-bedroom apartment on the top floor. It was fully renovated with insulation 2 years ago and is in good condition. The total built-up area is over 600 sq. m. There are two ground-floor garages and an 874 sq. m yard, with the possibility of further construction on the plot. Air conditioning throughout and gas. It is on Iva Street, a quiet street near a Lidl supermarket and bus and tram 5 stops, in a calm green area close to Vitosha.
Property Details
- type: residential building with 7 apartments;
- total built-up area: over 600 sq. m on 4 floors;
- yard: 874 sq. m, option for further construction;
- fully rented, 5.7% annual yield;
- renovated and insulated 2 years ago;
- 2 garages, gas, air conditioning;
- price: €1,850,000.