Great opportunity for investors!!! , 5 rooms at Baltona Street ROI 10 %

For sale 10% ROI apartment which consists of 5 rooms( three single and two double rooms one with private bathroom)

Description of the property

✓ Building from 1990, after modernization. The apartment has undergone a general renovation ended on September 2, 2019.

✓ Legal status: cooperative ownership with the Land and Mortgage Register. Land settled, Land and Mortgage Register no claims – clear.

✓ 3 single and 2 double rooms, including one with a private bathroom. Room sizes from 7.3 to 12 sq m. In addition, a bathroom with shower and toilet, separate toilet, shared kitchen and balcony to which one room has access.

✓ The total area of the flat – 66.3 sq m

✓ The apartment includes a basement of 2.5 sq m

✓ Parking place in a fenced parking lot next to the building.

DETAILED DESCRIPTION OF THE FLAT

Room equipment:

✓ Each room has a bed with a mattress, desk, chair, wardrobe/hanger/ chest of drawers, trash can, desk lamp, clothes dryer.

✓ In order to provide greater comfort, some rooms have additional equipment: mini-refrigerators, bookshelves, containers for bedding, mirrors, decorative elements.

✓ Two rooms are adapted for rent for two people (folding bed 140 x 190, larger wardrobe, mini-fridge). One room has a private bathroom – shower with sink.

Apartment equipment:

✓ Oven, ceramic hob, microwave, dishwasher, fridge freezer, kitchen utensils, washing machine, electric kettle, vacuum cleaner, and iron.

✓ Internet – 300 Mb / s optical fiber (WiFi).

✓ Basic rescue kit: fire extinguisher, fire blanket, fire instructions, first aid kit.

✓ The apartment includes a part of the staircase separated by a grate – ideal for storing 3-4 bikes. There is also an additional storage space, among others on the vacuum cleaner.

LOCATION
✓ MILITARY UNIVERSITY OF TECHNOLOGY (MUT) – 5
min.

✓The Józef Piłsudski University of Physical Education in Warsaw – 17 min. Cardinal
Stefan Wyszyński University – 20 min.

✓Center – 30 min.

✓Communication: trams 10, 23, 24, 28, 35
/ day buses 112, 122, 171, 184, 201, 220 / night buses N01, N43. Nearby
there is a bus and tram terminus and numerous Veturilo – Warsaw Public Bicycle
stations.

✓ Just below the house a Top Market store – 50 meters. Near
Rossmann, bazaar with fresh vegetables and fruits, McDonalds, restaurants and
bars, pharmacies, gas station, etc.

✓ Carrefour hypermarket with shopping mall and cinema – two tram stops from the
apartment, 12 min. walk.

✓ In 2021, it is planned to open stops on the 2nd metro line in Bemowo (4 tram
stops to the station next to the Town Hall)

OPERATIONAL AND FINANCIAL DATA
✓ All rooms rented
in 6 days (6-12.09) The lease agreements are valid until 31.08.2020.
6,710 (PLN 5,600 rent + PLN 900 flat rate for utilities + PLN 160 parking + PLN
50 basement)

✓ Monthly costs:
PLN 910 (rent to the cooperative including heating, garbage collection,
advance payments for water – PLN 530, internet – PLN 50, electricity – PLN 140,
parking – PLN 40, cleaning of common areas twice a month – PLN 150)

Total monthly profit: PLN 5,800

ROI – Return on investment:

✓ Total income from the lease without management:  PLN (6,710-910)=5800PLN/ monthly | 69,600 PLN/year 

ROI without management: 10% !!!

Management costs 15%

Income from the lease with management 4930 PLN/monthly | 59,160 PLN/year

ROI with management 8,5%

Price per sq: 10 497. 74 zł/m²

Contact us to organize a viewing of the property and discuss all the details
regarding this investment.

Are you looking to invest in real estate in Poland?

Feel free to contact me!

Sergiusz +48 731 930 500
[email protected]

*As a real estate agency, we charge a commission fee.