Ready-tenanted two-bedroom apartment with good cash flow, Siilinjärvi

For sale: a ready-tenanted 79 m² two-bedroom apartment in Siilinjärvi. Rent is €645/month and maintenance charge €423.20/month, both including water and electricity advances. The difference between rent and maintenance charge is €221.80/month, or €2,661.60/year. At a price of €25,000, the estimated rental yield is about 10.6%.

The apartment has a tenancy agreement that began in July 2026 and continues indefinitely, so this property suits an investor looking for an already rented apartment and cash flow from the moment of purchase.

Housing company

The apartment is located in Asunto Oy Siilinjärven Jussinkoto. The housing company consists of four apartment blocks completed in the early 1970s, with a total of 101 apartments.

The housing company underwent extensive renovation between 1997 and 2001. During the renovation, among other things, the domestic water pipes, windows, balcony doors and roof coverings were renewed. In addition, bathrooms, balconies, façades and common areas were renovated. The 2026–2030 maintenance needs assessment does not identify any major repair projects. The measures planned for the coming years are mainly normal maintenance, inspections and adjustment work. The need for repairs to HVAC systems and networks is also being reviewed.

Location and transport links

The property is located right next to Siilinjärvi ABC, and the comprehensive services of Siilinjärvi town centre are less than two kilometres away.

Transport links towards Kuopio are excellent. Kuopio is less than 20 minutes away by motorway. A car is not essential, however: there is a bus stop right near the property and Siilinjärvi railway station is less than two kilometres away.

Siilinjärvi is a vibrant municipality of around 21,000 residents near Kuopio. The population has remained stable in recent years and the area has good basic services.

In addition to its proximity to Kuopio, Siilinjärvi has its own strong industry and significant local employers. Major employers in the area include Yara's plant and mine, as well as several companies in industry, construction and the energy sector.

Why invest here?

Town & area

• Stable municipality of around 21,000 residents

• Good employment situation

• Strong local employers

• Comprehensive basic services nearby

• Excellent transport links to Kuopio

• Less than 20 minutes to Kuopio by car

• Train station less than 2 km away

• Bus stop right next to the property

Property

• Already rented

• Open-ended tenancy agreement started 7/2026

• Rent €645/month

• Difference between rent and maintenance charge €221.80/month

• Estimated rental yield about 10.6% at a price of €25,000

• No housing company loan

• Housing company extensively renovated

• No major renovations planned for the coming years