Terraced housing complex in Mikkeli, sold to the highest bidder!, Mikkeli

Seven-apartment terraced block in Harjumaa, Mikkeli, being auctioned! Place your bid and take the opportunity to acquire the whole property at an exceptionally affordable price!

Pajulantie 9 B is a terraced block of seven residential apartments located in Mikkeli's Harjumaa area. The apartment mix consists of 35 m² studios, 58 m² one-bedrooms and a 73 m² three-room apartment, supporting versatile rental appeal. Having all apartments in the same property also makes management easy and practical. This is now an opportunity to acquire this multi-apartment property in one transaction at a very competitive price!

The property is situated in a rural-like setting on a secure and low-cost leasehold plot owned by the City of Mikkeli. The town centre is about 22 km away, and a bus stop is within a short walking distance. The area suits those who value spacious living and a peaceful, nature-close environment.

Up to 4% per year depreciation of the building value can be claimed for tax purposes.

Residential apartments
Pajulantie 9B Apt 1 (35 m², studio + kitchenette), rent €419.95/month
Pajulantie 9B Apt 2 (35 m², studio + kitchenette), rent €419.95/month
Pajulantie 9B Apt 3 (73 m², 3 rooms + kitchen), vacant
Pajulantie 9B Apt 4 (58 m², 2 rooms + kitchen), vacant
Pajulantie 9B Apt 5 (58 m², 2 rooms + kitchen), vacant
Pajulantie 9B Apt 6 (35 m², studio + kitchenette), rent €419.95/month
Pajulantie 9B Apt 7 (35 m², studio + kitchenette), rent €419.95/month


Parking and communal facilities

There are five parking spaces with electric sockets on the yard, rented at €10/month. The separate outbuilding houses a laundry room and sauna. Sauna use is charged at €10/month.

Property details
Building on leasehold

Address: Pajulantie 9B, 51420 Mikkeli

Year built: 1983

Gross floor area: 510 m²

Volume: 1540 m³

Apartments: 7

Buildings: 2

Building type: Terraced block

Number of floors: 1

Heating system: Air-source heat pump / electric boiler, water-circulated radiator heating

Ventilation: Natural ventilation; mechanical extract in the outbuilding

Roof type: Gabled roof

Building material: Wood frame with brick cladding

Repair and maintenance history
2016 Heat pump system renovation

2014 Replacement of heat channel

2014 Ventilation system cleaning

2012 Purchase of tumble dryer

2012 Installation of air-to-water heat pump

2010 Repair/painting of dividing fences

Leasehold plot
City of Mikkeli
Area: 1.1315 ha

Annual ground rent: in 2024 it was €242.00
Lease agreement valid until 31 December 2052

Mikkeli as an investment city
Mikkeli, the regional centre of South Savo, has about 52,000 inhabitants and is one of Finland's 20 largest cities. Mikkeli has a lively centre and has grown through municipal mergers. The city offers a nature-close living environment as well as a wide range of central services. One attraction, besides the varied nature, is the ease of living: distances are short and destinations are quickly reached on foot or by bike.

As a higher education city, Mikkeli offers students many opportunities and has strong traditions as a student town. Around 3,000 students study annually at the South Savo Vocational College and some 4,000 students at XAMK's Mikkeli campus. There is also the Mikkeli University Consortium, a networked centre of expertise involving three universities and about 130 staff (Aalto University, University of Helsinki, LUT University and the City of Mikkeli). The universities' cooperation responds to scientific research, education and regional development through sustainable solutions, entrepreneurship and digital transformation.

Mikkeli's location is central with excellent transport links. It is about 230 km to Helsinki and many larger cities are nearby. Public transport works between and within towns, with buses also serving surrounding communities. Lakes Saimaa, Puula and Kyyvesi and smaller water bodies are part of everyday life in the city. Beautiful scenery, lush forests and nature trails also attract people from further afield.

More information about this property from:
Matti Honkasalo, Sijoitusasunnot.com Group Oy
+358 41 439 2489
matti.honkasalo@sijoitusasunnot.com