This terraced apartment building with 10 residential units, 4 garages, and an attic suitable for conversion is located in the center of Pardubice, on a dead-end street near the riverbank, the Main Railway Station, the nicely landscaped Čs. Legií Square, and a commercial and entertainment center.
Key Investment Criteria
- Very good condition: renovated 15 years ago, regularly maintained
- All units currently occupied
- Current annual yield: CZK 1.275 million
- Net leasable area: 708 m²
- Potential to expand leaseable area, available attic
- Parking: 4 garages in the courtyard
- Excellent location
- Public transport stop almost at the doorstep
Property description
- Brick building from 1940
- Built-up area and courtyard: 396 m² (of which the building is 205.7 m²)
- Total gross area approx. 1,034 m2
- 5 above-ground floors and 1 underground floor, attic
- 2 units per floor
- Plastic windows
- 10 residential units (1+1 and 2+1) with sizes ranging from approximately 55 m² to 82 m²
- All apartments are furnished (kitchens, bathrooms)
- Dry and cleared basements
- Balconies, terraces
- Central heating
- Internet connection via CETIN
- No elevator, possibility of installation
Location
This attractive area, located on the border of the Pardubice districts of Zelené Předměstí and Staré Město, offers everything you need—schools ranging from kindergartens to the University of Pardubice, restaurants and cafes, offices, cultural centers, and shops, including a shopping mall, all in the vicinity. The property is easily accessible via Palackého Avenue, with a trolleybus stop just around the corner. The main train station, located on the First Railway Corridor, is within walking distance. The surroundings are enhanced by well-maintained green spaces, with a castle park nearby and a bike path along the Elbe River.