Building for Sale in Al Mithnab Al Wurud



§1,600,000 § 100,000 Discount94%
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Financing options🔥 for sale to the highest bidder 🔹 investment real estate opportunity in al-muzahmiyyah – al-wurud district 📍 prime location with 3 frontages (south / east / north) one of them is a 50m residential/commercial street an ideal opportunity for an investor or real estate trader looking for a developable asset with high yield potential. 🏢 property details: ▪️ total area: 1,421 m² ▪️ 4 title deeds (3 clear + 1 mortgaged deed ~174,000 sar) ▪️ 2 commercial shops ▪️ 4 spacious apartments ▪️ 4 garages ▪️ annexes + outdoor fireplace (meshab) ▪️ large courtyard 💡 strong development opportunity: the property can be reorganized and subdivided into up to 8 apartments. with separate building permits and the addition of apartments on the third floor, the annual return can be increased — by estimate — to approximately 80,000 sar per year (excluding income from shops and annexes). 📈 income indicator: one of the apartments was rented last year for 17,000 sar annually. ⚙️ additional features: ✔️ 7 electricity meters ✔️ 5 water meters ✔️ double external walls ✔️ central gas tank ✔️ independent water tanks 📍 location close to: king abdulaziz road and al-mani'iyyah park road ✅ suitable for: - real estate investment - development and rehabilitation - residential rental - multi-unit apartment project
Listing Details
Street direction
3 Streets
Street width
50m
Apartments
4
Age
More than 10 years
Stores
2
Rooms
1
Area
366m²
Features
Advertiser Info
محمد بن حميد
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