Building for Sale in Riyadh Sultana

§1,200,000
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Financing options🏢 residential investment building for sale – sultanah district 📍 location: sultanah district – al-dabtiyah street. property details: * the building has two frontages: a 25-meter-wide street and an 8-meter-wide alley. * number of apartments: 5 residential apartments. * each apartment has its own separate electricity meter. * each apartment consists of: * two bedrooms. * a living room. * a kitchen. * two bathrooms. 💰 current rental income details: * two ground-floor apartments: sar 18,000 per year per apartment. * 3 other apartments: sar 14,000 per year per apartment. * all leases are documented with electronic rental contracts. ✅ total current annual income: sar 78,000. 💵 sale price: sar 1,250,000. 📈 gross annual investment return: 6.24% before expenses. property features: * existing rental income documented with electronic contracts. * separate electricity meters. * two frontages on a street and an alley. * suitable for investors seeking continuous annual income. 📞 for contact and inquiries: 0593004400
Listing Details
Property Type
Residential
Street direction
Southeast
Street width
25m
Apartments
None
Age
10 years
Rooms
15
Area
170m²
Features
Advertiser Info
عبدالله احمد رشيد الرشيد
5 Review
Sultana info
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