SALE! Fully rented, cosmetically renovated in the 2010s, cash-flow-positive investment apartment, Vaasa

A great cash-flow property for your investment portfolio with small change - the cheapest two-bed flats in Vaasa on Oikotie start at around €46,000

The apartment is rented to a good and reliable tenant from 1 August 2025, with a 2-month rental deposit. The rent is €510 + €15 (electricity charge) + €56 (water charges) = €581. The property is located in a debt-free housing company. According to the housing company’s maintenance report, there are no major renovation concerns in the next 5 years. The renewal of the iLOQ S5 locking system (€334.43) has also already been paid in July, so there will be no costs from that either for the new owner.

The debt-free asking price for this apartment is only €35,000 and it offers a rental yield of over 10%!

The apartment was cosmetically renovated in the 2010s and is in tidy condition.

Asunto Oy Vaasan Teerenpesä is located on the City of Vaasa’s affordable leasehold plot, which helps support the property’s cost efficiency in the long term. The housing company’s maintenance charge is exceptionally moderate for a 1980s corridor-style building, at just €4.70/m².

All apartments have their own separate entrance, which adds privacy and makes them more attractive on the rental market. The corridor access areas are located on the sheltered inner courtyard side.

Teeriniemi is located only about 2–3 kilometres from Vaasa city centre

Nearby you will find:

• Day-care centres, schools and grocery shops within about 1 kilometre

• For example, the Huutoniemi exercise track and football pitch, as well as Teeriniemi sports services

• A local bus stop right in front of the property, and Vaasa city centre is about a five-minute drive away.

The best features of the apartment 🏠

• Already rented to a reliable long-term tenant with a 2-month rental deposit

• Very competitive price – the cheapest two-bed flats in Vaasa on Oikotie currently start at around €46,000

• Cash-flow-positive property

• Low debt-free sale price

• Rental yield of over 10%

• Excellent rental demand in Vaasa

• Apartment cosmetically renovated in the 2010s

• Great property for investment use

• No major renovation concerns in the next 5 years

  
  

Cash-flow properties like this are rarely available on the market. Vaasa is a growing student and working city, where affordable two-bed flats are in constant high demand on the rental market, which supports good lettability also in the future.

This property is ideal for an investor looking for strong cash flow and high returns with modest capital!