Profitable investment property in Old Town – 6 apartments with 25% ROI – St. Nicholas Square
Basic parameters
- Date added: Added 3 weeks ago
- Category: For sale
- Type: Flats, Apartments
Description
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Description:
Property: For sale exceptional investment property consisting of 6 operating apartments at St. Nicholas Square in strict center of Bielsko-Biała. Complex of 332.31 m² in historic tenement in Old Town, near St. Nicholas Cathedral from 1447. Currently profitable short-term rental business with capital return level around 25%.
Apartment condition: 6 fully equipped apartments (41 to 56 m²) adapted for long and short-term rental. Each with open kitchen, refrigerator, induction hob, oven with microwave, washing machine, TV, Wi-Fi. Private bathrooms with shower, hair dryer. Ground floor apartments with underfloor heating.
Building condition: 3-story building after major renovation in 2022 with replacement of gas, electrical and water installations. Modern gas boilers with room thermostats, 1GB fiber optic, 6 camera monitoring, intercom with code, smart locks with remote opening. Separate meters for each apartment.
Location: Prestigious location in Old Town in most beautiful square of city. Nearby numerous restaurants, cafes and bars. Excellent access to all tourist attractions and urban infrastructure.
Apartment composition:
- Ground floor: 2 apartments (47.13 m² and 44.23 m²)
- 1st floor: 2 apartments (55.47 m² and 41.29 m²)
- 2nd floor: 2 apartments (56.38 m² and 41.00 m²)
Price: 5 799 000 PLN gross (including 8% VAT) - 17 451 PLN/m²
This offer is for informational purposes only and does not constitute a commercial offer as defined in Article 66 §1 of the Polish Civil Code. According to the Real Estate Management Act, Chapter 2, Article 180 point 3, a standard brokerage agreement must be signed prior to the property viewing.
Additional information
- Amenities: