Investment Residential Building for Sale in Al Aziziyah District, Jeddah

Investment residential building for sale in Al Aziziyah District in Jeddah with a strategic corner location on two streets each 12 meters wide and a total land area of 356 sqm. The building consists of a basement three floors and a rooftop annex with 11 independent residential units. The property was almost fully renovated in 2024 including updated interior finishes making it ready for immediate investment and operation. The basement includes two independent apartments each with a separate external entrance. The ground floor includes two apartments each consisting of two bedrooms a kitchen and a bathroom. The first floor includes three apartments. Two apartments each feature two spacious bedrooms a kitchen and a bathroom while the third apartment consists of one bedroom a kitchen and a bathroom. The second floor includes three apartments. One apartment features two spacious bedrooms a large kitchen and a large bathroom while the other two apartments each consist of one bedroom a kitchen and a bathroom. The rooftop annex includes a bedroom a living room a kitchen and a bathroom. The building features southern and eastern frontages along with three main electricity meters and eight sub-meters which makes managing and operating the units independently more convenient. Its corner location practical layout and spacious rooms make it well suited for investment and generating stable rental income. The approximate annual rental income is SAR 213,000 with an estimated annual return of approximately 9%.