Investment property in Linz - Charming apartment building with garden and potential
The apartment building at Brucknerstrasse 54 offers a solid starting point for investors and developers. The building, which dates back to 1937, comprises five compact residential units on three floors with a total living space of around 250 m². Three apartments are currently vacant, another will be vacated shortly - ideal conditions for a gradual repositioning. Two units were renovated in 2015 and are in good condition, while the remaining apartments offer potential for upgrading when they are re-let.
The property is unencumbered and has cellar compartments, a laundry room and a spacious garden, which is currently maintained by two external persons. With a gross yield of over 4%, the house is also an attractive investment in the short term. Own use is conceivable in the future by combining several units or converting the attic.
Key data
Property:
approx. 581 m² plot area
of which 129 m² building land and
approx. 452 m² garden area
Living space: approx. 250 m²
Apartments: 5 (2 ground floor/ground floor, 1 basement) with approx. 50 m² each
Heating requirement (HWB ): n.a. (energy certificate has been commissioned and will be presented before the purchase contract)
Price: EUR 520,000
