I would like to present to you a unique property in the very center of the city. Unique among other things because the rental income from this property is exceptionally high.
The monthly income from long-term rental is 9600 PLN, which gives us over 11% return annually. (It should be noted that in the case of short-term rental the return would be significantly higher).
The tenement house is located at 2 Żeromski Street, giving rise to the main street of Radom, nearby we can see many historic places and feel the unforgettable atmosphere of the old town. Additionally, there are numerous restaurants, cafes, schools, kindergartens, shops, gyms, etc. in the vicinity.
The total cost of investment, considering a complete renovation with construction materials, furniture, RTV and AGD equipment, and accessories necessary for rent, is around one million PLN.
There are several possibilities for dividing the property:
Division 1. - into 6 apartments
-A1 35 m² (living room with kitchenette + bedroom and bathroom)
-A2 33 m² (living room with kitchenette + bedroom and bathroom)
-A3 30 m² (living room with kitchenette + bedroom and bathroom)
-A4 25 m² (living room with kitchenette + bedroom and bathroom)
-A5 22 m² (living room with kitchenette + bathroom and balcony overlooking the old town)
-A6 13 m² + 6.5 m² (living room with kitchenette + bathroom and courtyard)
(Apartments A5 and A6 are ideal for day rentals, and the location is simply amazing)
Proposed layouts of property divisions will be presented soon.
Our company is capable of helping at every stage of renovation work and also with the rental.
| Seller: Patryk Domanski |Data source: https://www.otodom.pl/pl/oferta/6-kawalerek-roi-11-ID4tdgj.html
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