Budapest IV. kerület, Attila utca 61. For sale part of a house

Spacious section of a house in the heart of Újpest – with the potential to create up to 3 independent residential units

Are you looking for a large, versatile property—either for personal use or as an investment—in Budapest’s District IV? Allow me to introduce this approximately 120 m² section of a house on Attila Street, which comes with its own private garden.
Based on a formal usage agreement, this ~120 m² section is clearly separated from the part of the property used by the other co-owner and includes exclusive use of a garden and courtyard area.
In addition to its current layout, the property offers the potential to create two or even three independent residential units. The floor plan is particularly favorable for a three-unit concept: the layout largely aligns with the existing spaces, meaning there is no need for a complete gutting of the property or major structural alterations. Creating the planned units would require opening up only a few walls, making the conversion feasible with minimal investment.
Separate utility meters (water, electricity, and gas) and independent heating systems further enhance the property's suitability for multi-unit use.

The property is located in Budapest’s District IV, near the center of Újpest, in an easily accessible, urban yet peaceful neighborhood. The local infrastructure is excellent: shops, services, and educational and healthcare facilities essential for daily life are all easily accessible, while the city center can be reached quickly by both public transport and car.

Significant technical upgrades have been carried out previously, including the replacement of utility lines and windows/doors. The new fixtures are modern, triple-glazed units offering thermal and acoustic insulation.
The property features a state-of-the-art condensing gas boiler and renovated plumbing, sewage, and electrical systems. Thick brick walls ensure good heat retention, contributing to a comfortable indoor climate.
One of the most interesting possibilities for the property is the creation of three separate residential units, each approximately 40 m² in size.
Each unit could generate a monthly rental income of around 180,000–200,000 HUF; across three units, this amounts to 540,000–600,000 HUF per month, or 6.5–7.2 million HUF annually.

The property is held in undivided co-ownership by two parties, with usage clearly defined by a written usage-sharing agreement.
The ownership share associated with the property section currently for sale is free of encumbrances; there are no liens or burdens relevant to the sale. The usage-sharing agreement clearly regulates the use of the individual property sections. At the same time, the full title deed contains entries regarding debt management and other matters stemming from a past foreign-currency loan associated with the *other* co-owner's share. These do not encumber the specific share of the property being offered for sale, though they are visible to the buyer when reviewing the title deed.

This property is primarily suited for buyers looking for a home for themselves and for real estate investors who value a large floor area, the use of a private garden, and the property's flexible utility.
It may be of particular interest to buyers considering value-enhancing renovations, the creation of multiple residential units, or long-term rental investment.
The garage, the spacious cellar and attic, as well as the veranda and covered terrace, offer additional possibilities for those seeking spaces suitable for storage, hobbies, or leisure activities alongside the standard living areas.

Come and see the potential this property holds! On-site, we can discuss not only the current layout but also the possibility of converting the property into two or even three separate residential units.

I look forward to your call; I am available any day of the week.