Building for Sale in Riyadh Al Malaz





Building for Sale
SAR 2,200,000 SAR 1,900,000 Discount 14%
Would you like to own the property?
Financing options**for sale: residential investment building in al malaz district – prime location near the zoo and king abdullah park** an investment opportunity with stable returns. the building is fully leased under new separate contracts for a period of 5 years, generating a total annual income of sar 143,000, with payments collected every 6 months. the owner has already received the first installment (6 months). the building has been fully renovated and includes: * completely new plumbing and drainage systems. * new electrical wiring. * new bathrooms and kitchens. * new flooring/tiles. * all wpc doors. * modern paint and décor finishes. **unit details:** 🔹 **ground floor** * 3 large bedrooms. * majlis (sitting room). * living room. * 2 bathrooms. * kitchen. * front yard. * private parking. * rent: sar 50,000 per year. 🔹 **first floor** * 3 large bedrooms (2 master bedrooms). * open majlis and living room. * bathroom. * kitchen. * private parking. * rent: sar 48,000 per year. 🔹 **upper annex** * 2 bedrooms. * living room. * bathroom. * kitchen. * rooftop with covered seating area. * private parking. * rent: sar 30,000 per year. 🔹 **ground annex** * 1 bedroom. * bathroom. * kitchen. * rent: sar 15,000 per year. 📍 **details:** * al malaz district. * close to the zoo and king abdullah park. * total annual income: sar 143,000. * all contracts are new 5-year agreements, providing stable cash flow for the investor.
Listing Details
Property Type
Residential
Street direction
North
Street width
10m
Apartments
None
Age
More than 10 years
Rooms
7
Area
375m²
Features
Videos (1)
Please match the location according to the deed: حي الملز بمدينة الرياض .
Advertiser Info
ابراهيم ناصر عبدالعزيز العقيل
5 Review
Al Malaz info
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