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

Features of this property

gas, radiator, cable/satellite TV, saddle roof, bricks & concrete, Brick

Location:

Koppstrasse