Whole apartment building - For Sale - Tel Aviv - Jaffa, Israel - 50641110-373

4,150,000 ₪ Other Currencies

1,240,835.68 USD

4 למואל - שכונת התקווה - Tel Aviv - Jaffa, Israel

New to the Market

ID: 50641110-373

Built Area (m²)

149

Num. of Floors:

Floor Level

Ground floor

★ For Sale in the Highly Desirable Hatikva Neighborhood, Tel Aviv – A Bonanza Investment Opportunity! ★

🏘️ Address: 4 Lemuel Street, Tel Aviv
🏘️ Property Size: Building on a plot of approximately 167 sqm (after parcellation approval)
🏘️ Built Area: Approximately 149 sqm (as per municipal records)
🏘️ Structure: 2-story building with 11 well-maintained and well-managed units. 100% occupancy!

🏘️ Financial Details:

Gross Rental Income: 21,700 ₪
Monthly Expenses:
Property Tax: 550 ₪
Water: 350 ₪
Electricity: 800 ₪
Net Income: 20,000 ₪
🏘️ Planning Status: The property is in an advanced stage of parcellation approval!
More information on parcellation in the Hatikva neighborhood

🏘️ Location: In a quiet and desirable area of the Hatikva neighborhood, with tremendous appreciation potential!
Perfect for both living and investment.

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.