Budapest VIII. kerület, József utca For sale brick apartment
Floorspace 100 m2
Number of rooms 3
ID: 35419462
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For sale brick apartment
Condition of the real estate
in good condition
Year of construction
before 1950
Conveniences
double-conveniences
Floor
mezzanine-floor
Building levels
5
Lift
no
Interior height
more than 3 m
Air conditioner
not provided
Accessibility
no
Bathroom and toilet
together
Orientation
southwest
View
street view
Balcony size
not provided
Garden connection
not provided
Attic
not attic
Parking
street, public space
Condition of the real estate
in good condition
Year of construction
before 1950
Conveniences
double-conveniences
Floor
mezzanine-floor
Building levels
5
Lift
no
Interior height
more than 3 m
Air conditioner
not provided
Accessibility
no
Bathroom and toilet
together
Orientation
southwest
View
street view
Balcony size
not provided
Garden connection
not provided
Attic
not attic
Parking
street, public space
Sustainability
Average gas consumption
127 m3/month
Average electric consumption
330 kWh/month
Overhead
41 000 HUF/month
Common charges
40 608 HUF/month
Heating
gas furnace
Insulation
no
Energy performance certificate
not provided
Average gas consumption
127 m3/month
Average electric consumption
330 kWh/month
Overhead
41 000 HUF/month
Common charges
40 608 HUF/month
Heating
gas furnace
Insulation
no
Energy performance certificate
not provided
Are you interested in consumption costs? Use the money.hu calculator!
Description

Two completely separate, move-in-ready residential units under a single parcel number, located in the iconic artists' building of the Csarnoknegyed!

A 100 sqm, unencumbered, 1/1 sole-ownership apartment in good condition is for sale in the greenest, tree-lined section of József utca (opposite Mindszenty Park) in Budapest’s 8th district. The property is located on the high ground floor (210 cm above sidewalk level), ensuring complete privacy from the street.

Thanks to the 380 cm ceiling height, lofting/galley conversion is possible. It currently functions as two independent apartments opening from a shared entrance hall, but it can easily be converted back into a single spacious home, or even divided into further separate units.

LAYOUT AND DIMENSIONS:
Unit “A” (approx. 42 sqm): Spacious room, kitchenette, bathroom with shower, pantry, hallway + a 2 sqm private-use lightwell/courtyard accessible from the unit.

Unit “B” (approx. 53 sqm): Large room with a built-in wardrobe, a smaller room facing a quiet courtyard, kitchen with a lofted area, bathroom with a bathtub.

The apartment also comes with a private basement storage unit.

TECHNICAL CONDITION AND UTILITIES:
The entire water, gas, and electricity wiring/piping network has been completely renewed over the past 12 years.

Heating and hot water for Unit “A” are provided by a 7-year-old Immergas condensing gas boiler. Unit “B” was equipped with a new Hajdú electric boiler 2 years ago.

Utility consumption remains within the subsidized (reduced-rate) government cap. Water consumption is measured with separate meters for each unit, and electricity via a sub-meter.

Common charges: HUF 40,608/month (includes the building renovation fund).

THE BUILDING AND LOCATION:
The gas main pipelines of this listed heritage building have already been replaced, and further planned renovations (such as the facade) will be carried out step-by-step. Corvin Promenade, the Grand Boulevard (Nagykörút), and Rákóczi tér (Metro M4) are within short walking distance. Universities, shops, and a variety of cafés are all easily accessible nearby.

EXCELLENT INVESTMENT OPPORTUNITY:
Ideal for multi-generational living, home office, a medical practice/office, or rental purposes alike. By renting out the two units separately, a high yield potential (up to 5%) can be achieved. Short-term rentals (Airbnb) are not prohibited by the building's deed of foundation (charter).

Flexible viewing schedule, feel free to contact me any day of the week!

Map Budapest VIII. kerület, József utca
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Average prices for similar listings in the area
This real estate 1,13 million HUF/m²
Budapest VIII. kerület 1,16 million HUF/m²
Józsefváros 1,16 million HUF/m²
The average price was calculated based on the prices of 80-119 between m², renovated, in medium condition, needs renovation, in good condition, incomplete, unknown condition apartments. In addition to the floorspace, the price per m² of the apartments also includes 50% of the balcony.
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