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1160 Ottakring

Charming & Well-Maintained Apartment Block in Green Alley

Purchase price€ 987,500

What defines this house

    Tip: Save work, university & co in your profile ("My places") and your route shows up here automatically.

    Approximate location · 1160 OttakringRadius roughly 350 m · exact address on request

    Description from the provider

    Representative apartment block with an opulent street facade.

    High development potential & attic expansion possibility.

    Year of construction approx. 1900.

    504.19 m² currently rented usable space.

    Non-binding study for the attic expansion with approx. 170 m².

    Current net annual rental income €10,732.68.

    Occupancy rate currently: 74.27% vacancies 25.73%.

    The property is built with a multi-story apartment block and has areas in the basement, raised ground floor, 1st-3rd floor, and the unbuilt raw attic.

    In 1997, a Section 18 renovation was carried out on the building. In this context, electrical wiring, water pipes, sewage, exterior windows, facades, and the roof were renovated.

    The property consists of 9 apartments, a commercial space, and a storage room in the basement as well as a courtyard with a courtyard building. The attic is not developed and has potential for high-quality apartments.

    The rental income per year is currently only approx. €10,732.68 due to the high proportion of old tenants.

    The property encompasses a rentable area of approx. 504.19 m². Currently, there are 2 vacant apartments each on the 1st and 2nd floors and one vacant storage room in the basement. 7 apartments and the commercial space are currently rented on an open-ended basis. This means that around 74.27% of the areas are rented on an open-ended basis.

    The information is based on information and documents provided to us by the seller and/or third parties and is without guarantee. In the event that a contract is concluded for the property we offer, a brokerage fee of 3% of the purchase price plus VAT is deemed agreed.

    10er Marie, U3-Ottakring, Mildeplatz

    Automatically translated from the provider’s German description.

    Key facts

    District1160 Ottakring
    Online53 days ago
    With the provider sinceMarch 202518 months, district 16

    Features

    Building & storage
    Attic

    Dashed outline: stated in the description, not confirmed as a data field.

    Floor plan

    How the provider drew the flat. Tap to enlarge.

    Investor metrics

    Listed as an investment property by the provider

    The provider offers this as an investment but states no annual rent. Without it we do not calculate a yield, rather than estimate one.

    Source and method
    Without guarantee. Net yield is lower once operating costs, maintenance, vacancy and taxes are accounted for.

    What we know about this location

    Measured, dated and traceable. You will not find these figures in a listing.

    The area · lively and loudEveryday errands work on foot here: supermarket 2 min away, cafés and shops around the corner. The price stands right next to it: traffic and activity outside the door, into the evening. Built form here: Gründerzeit.

    Source and method
    liveliness from shops, food, services and transit frequency around this spot; urban structure typology, City of Vienna: „Gründerzeit mit überwiegend kleineren Wohnungen“

    What this area offers

    Meets 5 of 5 everyday criteria

    Everyday & suppliesFamilyMobilityGreen & environmentCulture & nightlife

    The nearest places within walking distance, by category.

    Loading …

    Public transport nearby

    • Loading stops …
    Source and method
    The nearest stop per mode, with the real weekday frequency. Walking time is routed through the street network, not measured as the crow flies. Source: timetable data from VOR, ÖBB · walking time via the OpenStreetMap network

    Your commute from here

    Stephansplatz≈ 21 min
    Central station≈ 29 min
    Westbahnhof≈ 14 min

    Enter your address (work, university, family) to see the travel time from here, by transit, bike, on foot and by car.

    Traffic noise

    loud65–69 dB by day, 60–64 dB at night

    road traffic and rail or tram. Bedrooms facing the quiet side make the biggest difference here.

    Source and method
    Nights are above 50 dB, the level at which Austria has to plan noise protection.Official noise map of the Austrian federal government (laerminfo.at), 2022 survey

    Summer at this address

    Hot area, with arguments on both sides.

    Hotter than 83 % of residential areas in Wienofficial urban climate analysis (City of Vienna)

    Within 1160 Ottakring that is in the middle range.

    What works against it

    ≈ 286 street treeswithin 300 m · City of Vienna tree register

    What adds to the heat

    4 h of afternoon sunin June, 2 to 6 pm · calculated with the heights of the surrounding buildings
    Source and method
    For comparison: half of all listings in Wien are above 83 %.

    Green and shade

    Green space: large park about 500 m away · plenty of treesTrees and woody vegetation on 10% of the area within 300 m, private gardens included.

    Loading trees …

    Source and method
    Plus every tree from the City of Vienna tree register: it covers the trees the city maintains along streets and in public parks. Trees in private gardens and in the woods are not included, so in such areas the map looks emptier than the place really is.
    Sources: City of Vienna tree register · parks and woods from OpenStreetMap · tree cover from satellite imagery (Copernicus, 2021 data)

    Internet at this address

    gigabit availableup to 1 Gbit/s

    This is the fastest offer that network operators report for this 100 m cell, not a measurement of your own line: what actually arrives depends on the tariff and the wiring in the building. That covers home office and several streams at once.

    Source and method
    Breitbandatlas of the Austrian federal government (breitbandatlas.gv.at), operator reports, 100 m grid

    Interested in this listing?

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    Or call right away: +43 699 11 111 360

    € 987,500Purchase price
    Enquire