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Calle Peña de la Atalaya 592 SF Retail Condo Unit Offered at $109,635 in Puente de Vallecas, Madrid 28053
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Investment Highlights
- Residential area.
- Just a few minutes from all services.
Executive Summary
Residential building constructed in 1954. It has 3 floors above ground, with flats on the upper levels and a commercial unit at street level.
Property Facts
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 3 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Year Built | 1950 - 1959 |
Amenities
Unit Amenities
- Instant Hot Water
Site Amenities
- 24 Hour Access
- Public Transportation
1 Unit Available
| Unit Size | 592 SF | Sale Type | Investment |
| Price | $109,635 | Cap Rate | 4.42% |
| Price Per SF | $185.19 | NOI | $4,845.88 |
| Condo Use | Retail |
| Unit Size | 592 SF |
| Price | $109,635 |
| Price Per SF | $185.19 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.42% |
| NOI | $4,845.88 |
Description
Retail space located on the ground floor of a residential building.
It has a built area of 55 m² laid out on a single level.
Sale Notes
Commercial space located on the ground floor of a residential building. The property is located on Peña de la Atalaya Street, in the San Diego area (Madrid).
It has a built area of 55 m² laid out on a single floor. It consists of an open-plan area, three rooms, an independent kitchen, and a bathroom.
It is currently rented to a family under a newly renewed 5-year lease with a rent of €350.
This is a refurbished commercial unit that is being used as a dwelling, but the official change of use to residential has not been formalized. There is the possibility of doing so.
Interior
Interior
Interior
Escalera
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Calle Peña de la Atalaya
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