Koppstrasse: Classic Vienna Tenement for Sale in a Prime Ottakring Location
1160 Wien,Ottakring
Proximity: Koppstrasse
Description
**** This apartment has been reserved - no further onsite-inspections possible ****
In a well-established residential area of Ottakring, on Koppstrasse, a classic Viennese tenement (Mittelzinshaus, double-wing structure with a street and courtyard tract) is now available for sale.
In recent years, four residential units have undergone comprehensive renovation, including a standard upgrade. Additionally, the electrical riser and apartment wiring, including potential equalization, have been renewed in the courtyard tract.
KEY DATA:
Zoning:
- GB III 14m g (Street tract)
- GB I 5m g BB2 (Courtyard tract)
ADDITIONAL INFORMATION:
- Most windows have been replaced (PVC-insulated glass)
- Raw attic space in both tracts (half-attic in the courtyard tract)
- Elevator: No
- Tenant cellars available
BUILDING DETAILS:
- 16 apartments (including caretaker’s apartment)
- 1 street-level commercial unit (~68 m²)
- Total usable space ~695 m² (including 41 m² caretaker’s apartment)
RENTAL OVERVIEW:
- 11 units with unlimited rental contracts, 499 m² (76%)
- 2 units with fixed-term leases (expiring 09/2026 and 10/2027), 55 m² (8%)
- 3 vacant units, 100 m² (15%)
The building has employed a caretaker since 1986 (born in 1954)
- Monthly salary: ~EUR 298,-
- Social security contribution: ~EUR 85,- per month
RENTAL INCOME:
- Annual net rental income (excluding VAT and operating costs): ~EUR 40,000 (excluding potential income from vacant units)
We are happy to provide you with further details about this property.
Please note: Due to our obligation to the seller, we can only process inquiries that include a full name, address, and telephone number.
Other Information
Contract Drafting and Escrow Handling
The purchase contract drafting and escrow processing are exclusively assigned to Notary Dr. Hans-Peter Prägler, Billrothstraße 4, 1190 Vienna, who represented the heirs in the probate proceedings.
Fee: 1.5% of the purchase price + 20% VAT + fees + disbursements.
Exclusive Sales Mandate:
IMMOTOTAL Immobilientreuhand GmbH
Schwedenplatz 2/51
1010 Vienna
