This property is recommended for investors, families, those seeking a sophisticated property, city-center ambiance or social life enthusiasts, law firms, medical practices, or those considering long-term rentals.
BUILDING:
Located on the 1st floor of a romantic-style condominium built on Október 6 Street in Budapest's 5th district, the two unencumbered properties can be purchased separately or together.
Just steps away from Hild Square is the Kappel-Földváry 3-story tenement house, serving as a passage between Sas Street and Október 6 Street.
The original part of the building was constructed by Mihály Pollack in 1820, expanded to 3 stories by József Hild in 1845. A classicist-style fountain with a male mask adorns the 3rd courtyard staircase, once known for its high-quality water.
The building is under general monument protection!
Continuous maintenance, care, and upscale renovation are evident in the property.
The replacement of common gas and electricity lines has been completed, along with the installation of individual electricity meters for the apartments. The building has also undergone a significant roof renovation.
The common drainage pipes are in good condition.
The next planned maintenance is the painting of the internal staircase and corridors, already in an advanced stage as the contractor has been selected.
From the common first-floor corridor where the two apartments are situated, there is a 16 m2 shared romantic balcony overlooking the quiet, well-kept courtyard.
APARTMENT 1: 78 m2
As seen in the photos, this apartment exudes a unique atmosphere with its high ceilings and well-maintained, spacious layout creating a ballroom-like feel. The flawless historical parquet flooring with large panels adds to the charm of the living room.
The property underwent a full renovation by its owner in 2007. The apartment boasts a ceiling height of 4.30 m.
With three huge 3.8 m high windows and a 3 m2 balcony facing Október 6 Street, the apartment receives ample light and sunshine.
Rooms include an entrance hall, separate toilet, dining area, fitted kitchen, shower room, spacious living room, bedroom, and a gallery accessible independently in a separate area above.
The apartment's layout and features allow for the comfortable mezzanine gallery, serving as a bedroom upstairs and a study area below.
The property's electrical, water, and sewage systems were completely renewed during the 2007 renovation, along with cold and hot coverings. Heating and hot water are provided by a Vaillant gas boiler installed according to 2007 regulations. The existing air conditioning unit in the living room also effectively controls the temperature of the bedroom.
The apartment is cost-efficient to maintain due to being surrounded by heated properties on all sides.
It is equipped with a 32A electricity meter.
Electricity, gas, and water usage are billed based on individual consumption meters.
Security is ensured by an installed alarm system and protective bars in front of the original entrance door.
The average monthly utilities cost ranges from 160-170 EUR, covering common expenses, water, gas, electricity, and internet. Available internet provider: ONE
The apartment is currently rented by a very reliable tenant, and retaining the tenant upon purchase is possible.
Price: 149 million HUF
APARTMENT 2: 153 m2 with a registered size of 165 m2
Frozen in time, it houses an impressive, functional ceramic stove, preserved from demolition and decay, awaiting a new owner with the creativity to revive this home, a hidden gem only revealed to the discerning eye.
Since 1952, the previous owner representing the old times continuously inhabited the property, which unfortunately has been vacant for years.
Rooms in need of a complete renovation include a spacious entrance hall, separate toilet, 2 bathrooms, kitchen with windows, large living room, hallway, 2 bedrooms and a pantry.
Price: 225 million HUF
