Property 17683 | Apartment for Sale Jerusalem 3 Rooms - Ramat Eshkol

Agent: Ovadyah  Fink | Action: For Sale | Neighborhood: Jerusalem, Ramat Eshkol Price in ₪: 1,690,000 NIS
Price in $: $496,475

Apartment for Sale Jerusalem 3 Rooms - Ramat Eshkol

Price in ₪: 1,690,000 NIS
Price in $: $496,475

Address:  Paran 4

City: Jerusalem

Property Type: Apartment

Rooms: 3

Floor: 2 of 6

Exposures:

Restrooms: 1

Property Area: 56 M²

Property features

  • Elevator
  • Parking
  • Solar + Electric Heating
  •  In Some of the Rooms

Property description

The hottest property on the market for under 2 million shekel! This open 1 bedroom has been converted into a charming 2 bedroom, perfect for young couples with a baby, in the most central location across from the shopping center, making it ideal for investors looking for a highly in-demand rental, or a young couple buying their first home together. This property can be rented for 5,500 shekel a month, and more if you furnish it, yielding approximately a 4% yearly return, significantly more than the standard 3-3.5% return you’ll get in the rest of the neighborhood. Apartments in this building usually don’t sit vacant for even a week, and it’s rare that one comes to the market for sale - so now’s your chance to own one! Call me today to set up your private showing, either in person or virtually - 360 virtual tour available!

DETAILS:
~ 2 Bedrooms
~ 56 Sqm Net
~ Renovated
~ Air Conditioning / Heating
~ Large Storage Area
~ Bathtub
~ Green View
~ Airy and Bright
~ 2nd Floor
~ Elevator with Shabbos Mode
~ Fully Handicap Accessible
~ Well Maintained and Clean Building
~ Private Building Parking
~ Great Investment, very desirable building for American renters!
~ Can rent for 5,500 shekel Monthly (66,000 Annually), ~4% Annual ROI

LOCATION:
~ Located across from the Ramat Eshkol Shopping Strip, abundant with Cafes, Restaurants, and Shopping.
~ Right across the street from Shuls, Healthcare, Park, and More!
~ Few minute walk from the light rail
~ Bus Stop right outside the Building
~ 1 minute drive to Highway 1 (Entrance / Exit of the city)
~ Walking distance to the Old City and Kotel!
~ Simply the Perfect Location!

Regional Map