Investment Building (6 Apartments) for Sale in Thulaym, Riyadh - Dwelleo | Dwelleo
Investment Building (6 Apartments) for Sale in Thulaym, Riyadh
Al Amal Dist., Riyadh
Price
SAR900,000
New Listing
Property Description
For Sale: Income-generating residential building in Thulaym, Riyadh.
Annual Return: 7.11% (Current rental contracts active)
Property Details:
• Land Area: 116.6 SQM
• Frontage: North-facing street (5.7m to 6.1m width)
• Location: Highly active area in Thulaym, close to Farazdaq St and Rail St.
• Age: 17 years (building permit active)
• Configuration: 6 Apartments total
- 3 Apartments: 3 Rooms + Kitchen + 2 Bathrooms
- 3 Apartments: 2 Rooms + Kitchen + 2 Bathrooms
• Utilities: 5 electricity meters, 1 water meter.
Income: 64,000 SAR / Year (electronic contracts)
Price: 900,000 SAR