Two-room flat already rented — for an investor, Lahti

Shares numbers 778–833 of the housing company As Oy Nastolan Maitotie are for sale; they entitle the holder to possession of apartment no. B 3, a 56 m², 2-room plus kitchen (2h+k) flat located at Maitotie 2, 15560 NASTOLA.

The apartment is as shown in the pictures; the photos were taken before the current tenant moved in.

The apartment is on the ground floor of a low-rise block, just a few steps from the entrance. The apartment has been cosmetically renovated and has a balcony. The share certificate is still on paper.

The building is solid, genuine 1950s brickwork built on site. Thick walls and wide windowsills. The building and company have been well maintained, e.g. heating changed to district heating in 2014, domestic water pipes with individual apartment water meters and fittings renewed in 2012, sewer network renovated by relining and coating in 2011, windows and balcony doors renewed in 2004, locks renewed in 2013, and many other smaller repairs have already been carried out — see the maintenance needs report and the property manager’s certificate for details.

Due to the above renovations, remaining company loan shares total €6,155.42, which the buyer must assume and pay in addition to the purchase price. The buyer must also pay the transfer tax of 1.5% of the total purchase price (sale price + company loan shares).

The apartment is currently rented and will be sold with the tenant. The rent is €515 per month + water charges. Net rental income is therefore €515 - €366.80 = €148.20 per month and €1,778.40 per year. The tenant moved in on 1 August 2015 and wishes to continue living there. Rent has not been increased at all since 2023, so there may be some scope to raise it.