Building for Sale in Riyadh Al Sharafiyah

for sale | residential building in al sharafiyah district – riyadh a 3-floor residential building, fully leased, located in al sharafiyah district in riyadh, close to services and main roads, with an opportunity to increase rental yield by reassessing rental values when contracts are renewed. 📍 property details: location: al sharafiyah district – riyadh. area per the real estate registry: 90 m². facade: east-facing. street width: 5 meters. number of floors: 3 residential floors. status: fully leased. 🏠 residential unit details the building consists of 3 residential units, distributed as follows: ground floor: two bedrooms. living room. kitchen (cabinets not installed). two bathrooms. air conditioners installed. separate electricity meter. first floor: two bedrooms. living room. kitchen (cabinets not installed). two bathrooms. air conditioners installed. separate electricity meter. second floor: two bedrooms. living room. kitchen (cabinets not installed). one bathroom. air conditioners installed. * features and investment return: the building is fully leased. total current rental income: 46,000 sar annually. current rents are under old contracts, with the possibility of reviewing an increase in rental value in accordance with applicable regulations and contracts. a suitable opportunity for those wishing to own an existing property and improve its rental yield in the future. * sale price: 850,000 sar * the price does not include real estate transaction tax and brokerage fees. brokerage fees are a trust, per the agreement and relevant regulations. for inquiries and contact, we are happy to serve you. blue tower real estate establishment 0509449449 real estate marketing | property management | leasing | buying and selling | owners' association | real estate project management fal license no.: 1100004720