Hamilton May is pleased to present a rare opportunity to purchase a terraced house at Rogatka street in Kraków, divided into 10 small apartments that are currently rented.
The building consists of five floors from the 1970s (including two floors with a height of approx. 210 cm (basement and top floor), has a usable area of approx. 198 m2 and a total area of approx. 250 m2 and is located on a plot of approx. 300 m2, in the shape of rectangle. The property is in a good technical condition - all installations inside the building have been replaced with new ones.
The offer is an attractive proposition for investment clients - the building is divided into 10 small apartments - all of them are rented for a long term, the current annual rate of return is approximately 6.6%. It is possible to arange two additional flats (the seller can do this), thanks to which the potential rate of return on the investment will increase to nearly 8% per year.
The presented property is a classic terraced house, located on a plot of approximately 3 ares. It is characterized by a modernized shape, both from the front and back of the building there is an access to the garden. It is possible to arrange an external parking space for 3-4 cars on the plot (in front of the building). The building is insulated, heated by a modern gas oven and has a balcony and terrace. Windows face north-east and south-west.
The building is located only 2.5 km from Krakow's Main Market Square, near Aleja 29 Listopada. There is a bus stop nearby and the Railway Station 1.5 km away. There are also numerous retail and service outlets within easy reach, including: Galeria Krakowska, as well as the University of Agriculture, the Krakow University of Technology and the University of Economics, as well as office buildings - High5ive, V-offices, Opolska 114 Offices. Public transport is well developed in the area, allowing you to easily travel around the city.
Hamilton May
