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 returns by reassessing the rental value upon contract renewals. 📍 property details: location: al sharafiyah district – riyadh. area according to the title deed: 121.50 m². facing: south. 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: 4 bedrooms. living room. kitchen (cabinets not installed). 2 bathrooms. air conditioners installed. separate electricity meter. first floor: 4 bedrooms. living room. kitchen (cabinets not installed). 2 bathrooms. air conditioners installed. separate electricity meter. second floor: 2 bedrooms. living room. kitchen (cabinets not installed). 1 bathroom. air conditioners installed. * features and investment return: the building is fully leased. total current rental income: sar 87,000 per year. current rents are under old contracts, with the possibility of reassessing the rental value in accordance with the applicable regulations and contracts. a suitable opportunity for those wishing to own an existing property and improve its rental return in the future. * sale price: sar 990,000 * the price does not include real estate transaction tax and brokerage fee. the brokerage fee is a trust, according to the agreement and the relevant regulations. for inquiries and contact, we would be 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 number: 1100004720