Apartment building with commercial units on the ground floor.
Description
The property includes 2 commercial premises on the ground floor and two 3-bedroom apartments on the first and second floors.
The apartments are fully renovated.
There is parking for 6 cars in the territory of the house.
All premises are rented.
Financial performance
The cost of the property is $ 2,600,000.
Absolute annual income is $ 100,000.
The current yield of 3.8%.
Tenants
Tenants of commercial units are a restaurant and a bar.
Lease agreements are valid until 2021.
Location and nearby infrastructure
The property is located to the south from the city center. The public transport stops, a library, a supermarket, a bank, shops and restaurants a situated in a walking distance from the property. The city center can be reached in a 20-minute drive.
