Property Details
• Price: 110.000.000 Ft
• Price/sqm: 1.309.524 Ft
• Official Size: 84 m2
• Actual Size: 133 m2
• Property Type: Apartment
• City: Budapest
• District: IV.
• Rooms: 3
• Floor: 4
• Balconies & Sizing: 1
• Floor: 4
• Comfort Level
Double Conveniences
Property Description
Located in the popular Járműtelep Street in Budapest's 4th District, this unique property offers an outstanding investment opportunity. Currently configured as two separate residential units, it can easily be converted back into a single spacious home if desired.
The property is situated on the top floor of a 4-storey residential building with a converted attic level and consists of:
an 84 sqm apartment with a balcony, practical layout and renovation potential
a 49 sqm attic apartment that was renovated a few years ago and benefits from plenty of natural light
The ceiling opening between the two levels has already been prepared, making it easy to create an internal staircase and reconnect the units.
The previous owner successfully rented the two levels as separate apartments.
Please note that the official title deed currently records 84 sqm, while the legal regularization of the attic conversion is still subject to approval by the condominium association.
The property is situated on the top floor of a 4-storey residential building with a converted attic level and consists of:
an 84 sqm apartment with a balcony, practical layout and renovation potential
a 49 sqm attic apartment that was renovated a few years ago and benefits from plenty of natural light
The ceiling opening between the two levels has already been prepared, making it easy to create an internal staircase and reconnect the units.
The previous owner successfully rented the two levels as separate apartments.
Please note that the official title deed currently records 84 sqm, while the legal regularization of the attic conversion is still subject to approval by the condominium association.
Location Description
Investor Highlights
One of the property's greatest advantages is its potential to generate income from two separate residential units.
Estimated gross annual yield: close to 6%
Further details regarding rental income potential and investment performance will be provided during personal viewings.
One of the property's greatest advantages is its potential to generate income from two separate residential units.
Estimated gross annual yield: close to 6%
Further details regarding rental income potential and investment performance will be provided during personal viewings.
Other Description
Excellent Location
The property is located in a well-established residential area with convenient access to everyday amenities, including:
Lidl, Aldi, Spar and Tesco supermarkets
nurseries, kindergartens and schools
pharmacies and healthcare services
multiple bus routes and public transportation options
Újpest-Központ (M3 Metro Line) can be reached in approximately 10 minutes by public transport.
This property is an ideal choice for investors seeking a rare opportunity to acquire two income-producing residential units within a single purchase in one of Budapest's consistently sought-after rental markets.
The property is located in a well-established residential area with convenient access to everyday amenities, including:
Lidl, Aldi, Spar and Tesco supermarkets
nurseries, kindergartens and schools
pharmacies and healthcare services
multiple bus routes and public transportation options
Újpest-Központ (M3 Metro Line) can be reached in approximately 10 minutes by public transport.
This property is an ideal choice for investors seeking a rare opportunity to acquire two income-producing residential units within a single purchase in one of Budapest's consistently sought-after rental markets.
About the district
Budapest District IV. Discover The Charming Neighborhood of Budapest
Budapest's District IV, known as Újpest, is not only the northern gateway to the enchanting Hungarian capital but also a proud embodiment of unwavering communal spirit and beautifully diverse...
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50 m2
2 Rooms
