Kauno m. sav., Centras, Kęstučio g.

About this property

INVESTMENT OBJECT IN THE CENTER OF KAUNAS – KĘSTUČIO G. 59 A 14.5 m² dormitory-type room is for sale in a strategically attractive location – in the Center of Kaunas, Kęstučio g. 59. The object is sold together with two additional basement rooms (10 m² and 14 m²). All three rooms form one indivisible property unit and are currently rented. (Redeemable +-10%) This is a great opportunity for an investor looking for a low-value, but stable income-generating property in the city center, with a very ideal payback. BASIC INFORMATION •Room area – 14.5 m² •Additional rooms in the basement – 10 m² and 14 m² •Total property for sale – 3 rooms (indivisible unit) •Floor – 4 of 4 •Year of construction – 1952 •Building type – brick •Heating – central •Equipment – furnished •Window orientation – north ABOUT THE PREMISES •The room is located on the fourth floor. Shared facilities are available: •Shared shower (shared with three rooms) •Shared WC •Shared kitchen •The room includes two furnished basement rooms – a beauty studio and a recording studio, which are currently also rented out. This increases the overall investment attractiveness and allows you to diversify rental income. INVESTMENT POTENTIAL •All three premises have tenants •Central part of the city – a constantly in-demand location •Low acquisition value •Possibility to generate income immediately after acquisition (some tenants could stay) •A suitable choice for long-term rental LOCATION •Kęstučio Street – one of the main arteries of the Kaunas center. •Just a few minutes to Laisvės Avenue •Nearby the Old Town and the main city institutions •Excellent public transport connections •Abundant cafes, shops, educational institutions around •Convenient location for students or people working in the city center This is a rational solution for an investor who values the central location and the cash flow already generated.