Wels, Upper Austria 4600

An apartment building with a total of 6 dwelling units in Wels, consisting of a single building structure, is coming on the market. (not in need of renovation!!) The property offers investors the opportunity to invest in affordable living space in the economically strong region of Upper Austria. Due to completed new lettings as well as ongoing rent adjustments, a projected annual net rent of approximately EUR 63,807.50 is resulting. No minutes from owners' meetings are available, as the property has hitherto had only one owner and therefore no owners' meetings were conducted. Highlights: 6 dwelling units and 6 parking spaces Location Wels, year of construction 1991 Completed renovation measures New lettings already completed Projected annual net rent approx. EUR 62,544.00 Around 5% net yield Attractive apartment sizes High demand for affordable living space The current rental situation is constantly changing due to the return of individual units and their re-letting at current market rents. Initial rent adjustments and new lettings have already been successfully implemented. Further documents and detailed information are available upon request. Have you not found anything yet? We will inform you about suitable property offers even before anyone else. Create your individual search agent now via the following link. We will send you matching properties exclusively in advance. Create search agent - Please note that there is a familial or economic close relationship between the intermediary and the third party to be mediated. The intermediary acts as a dual agent.