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FIRST TIME OCCUPANCY FREE OF CHARGE: Refurbished apartment with underground parking space and FREE RENT in a quiet location

Karmarschgasse 53, 1100 Wien (10. Bezirk) – Österreich
329.000 €
3
Room
85.34 m²
Living Area
Private offer
Apartment

For sale is a 3-room apartment in excellent and quiet location in the 10th district, available for the first time occupancy, and offered directly by the owner WITHOUT any agency fees (saving over €12,000). The apartment is currently undergoing a complete renovation to a modern standard, boasting a well-structured layout with ample storage space, and offers a very attractive rental yield of approximately 4.5% thanks to its free rental income. The apartment is suitable for shared living arrangements and also for Airbnb rentals. This makes the offer attractive to both owner-occupiers and investors. Located on the 3rd floor of a well-maintained apartment building (reserve fund: €460,541), this spacious apartment offers over 85 m² of living space. The building features barrier-free access via elevator, a well-thought-out layout, bright rooms, and charming details. The apartment is currently undergoing extensive renovations, offering the new owner significant creative freedom to implement their individual preferences, such as choosing their own fitted kitchen. THEREFORE, IT'S WORTH BEING QUICK TO REALIZE YOUR OWN IDEAS! Upon entering the apartment, you are greeted by an inviting and spacious entrance hall, which provides a separate access to all other rooms. To the right, you will find a practical storage room, offering ample space for household items, storage, or other uses. Directly next to it is a separate toilet, functionally distinct from the bathroom. This has been newly tiled and equipped with a modern sink. On the left, opposite the toilet, is a bright and spacious living room, which is particularly well-lit thanks to its large window and exudes a cozy atmosphere. Parquet flooring is laid in every room (except the bathroom, toilet, and kitchen). From the entrance hall, you can access the separate kitchen. Upon request, we would be happy to arrange for the installation of a kitchen of your choice before you move in. Adjacent to the kitchen is a flexible room that can be used as a study, children's room, or as a third room for a shared living arrangement. The high-quality bathroom has been fitted with a modern sink and a walk-in shower. The spacious bedroom offers ample space for a large bed as well as additional furniture. A particular highlight is the directly connected, walk-in closet, which, with its size, becomes a true storage paradise. A parking space in the underground garage is included with the apartment and must be purchased for a mandatory €20,000. Overall, the apartment is therefore ideal for anyone who wants to create a living space that reflects their own personal preferences.

Are you interested in this apartment?

Object Number
OM-407491
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
329.000 €

Details

Condition
First occupancy after renovation
Level
3rd floor
Bathrooms (number)
1
Bedrooms (number)
2
Number of underground garages
1
Flooring
Parquet, Tiles, Other (see text)
Heating
Central heating
Year of construction
1973
Equipment
Basement, Elevator, Shower bath, Guest toilet, Barrier-free
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Areas (m²):
Room 1 (Living Room): 22.90 m²
Room 2 (Bedroom): 17.30 m²
Room 3 (Study): 11.25 m²
Kitchen: 8.63 m²
Bathroom: 4.34 m²
Toilet: 1.17 m²
Walk-in Closet: 6.78 m²
Storage Room: 2.48 m²
Entrance Hall: 6.64 m²
Hallway: 3.85 m²

Overview of the renovation work:

The apartment will be COMPLETELY and HIGH-QUALITY renovated!

1. Electrical Installation
• Complete rewiring of all rooms (cables in walls/ceilings/floors)
• Electrical panel, RCD/MCB circuit breakers, surge protection
• Socket and switch locations, lighting circuits
• Electrical work in the kitchen (stove connection, many sockets)

2. Heating
• New radiators
• New thermostatic valves, room thermostats

3. Bathroom/Toilet
• New sanitary fixtures (toilet, sink, shower)
• New faucets, concealed/surface-mounted
• New tiles (walls/floors)

4. Kitchen
Optional

5. Doors
• New security entrance door (burglar protection, soundproofing against the staircase, latest fire protection requirements)
• New, high-quality interior doors with silver door handles

6. Floors
• Soundproofing
• High-quality parquet floors (oak, strip pattern)
• High-quality skirting boards

and much more!

Location

The apartment is located in a quiet residential area in the 10th district of Vienna (Favoriten). Here, good urban infrastructure is combined with a pleasant quality of living. The traffic in the immediate vicinity is moderate, and thanks to its location on the 3rd floor, the apartment is well shielded from the typical city noises. There are numerous shopping facilities (BILLA in the building!), parks and many leisure, sports and recreational opportunities in the immediate vicinity. Streetcar line 1 (Neilreichgasse), which provides a direct connection to Schottentor, is about a 2-minute walk from the apartment. The terminus of the U5 is also located here. Nearby Matzleinsdorfer Platz also offers access to the U5 as well as ÖBB and S-Bahn connections. Neilreichgasse is also home to streetcar line 6, which takes you to Westbahnhof. The proximity to the city center with the subway line U1 Reumannplatz ensures excellent connections. Streetcar line 1 also takes you to Karlsplatz in around 15 minutes and Schottentor in around 20 minutes, line 6 takes you to Westbahnhof in around 15 minutes and to Matzleinsdorfer Platz in just 5 minutes, while line 18 takes you directly to the main train station in around 10 minutes.
Just a few minutes' walk away are Billa, SPAR, HOFER and BIPA, where you can easily do all your everyday shopping. For nature lovers and sports enthusiasts, the Wienerberg recreation area, the spacious Arthaberpark and the Amalienbad are the perfect way to leave the stress of everyday life behind.

Further points of contact for everyday life:

Doctor - 200m
Pharmacy - 75m
Clinic - 225m
Hospital - 500m
Supermarket - 75m
Bakery - 225m
Shopping center - 500m
Bus - 75m
Subway - 500m
Streetcar - 225m
Train station - 825m
School - 275m
Kindergarten - 175m
University - 1,125m
ATM - 150m
Bank - 150m
Post office - 150m
Police - 150m

Location Check

Shopping
50m
Eating Out
150m
Sports
300m
Public Transport
100m
Health
100m
Culture
650m
Child Friendliness
150m
Nightlife
200m
Nature
250m

Energy

0 25 50 75 100 125 150 175 200 225 ≥250
Energy efficiency class
C
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
69.80 kWh/(m²a)

Miscellaneous

This property, offered free of commission directly from the owner, is equally suitable for owner-occupiers and investors. For investors, it offers an attractive investment with excellent rental opportunities (AIRBNB and flat-sharing POSSIBLE!).
The apartment is being sold FREE OF COMMISSION directly from the owner, which corresponds to a saving of more than €12,000. Due to the FREE RENT, the rent is not capped, which in combination with the purchase price leads to a high rental yield of around 4.5% and also makes the apartment interesting for investors.
There is also an underground parking space available, which can be rented separately. The public transport connections are excellent.

The pictures show the actual rooms with AI to give an idea of how they can look renovated and with furniture. The rooms are true to scale. Please also note the floor plans.

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