For sale in the greenbelt area of Zugló, on the corner of a small square, a 95 sqm house built in 1920 on Pándorfalu Street!

The property sits on a 222 sqm plot and has been divided internally into two apartments! You can transform this house into your own unique home or a profitable investment by combining its authentic charm with renovation possibilities!

The apartments’ windows face multiple directions, providing a warm interior space, and the intimate approximately 100 sqm courtyard offers an excellent place for relaxation, gardening, or hosting garden parties. The plot is spacious enough to create a cozy garden, and there is even the possibility to build an underground garage.

The current layout divides the property into two separate small apartments, making it immediately and easily rentable — this division provides two sources of income and reduces risk during tenant turnovers. The apartments are 45 and 50 sqm respectively. Both currently consist of one large living room, a bathroom, and a kitchen with dining area. The larger apartment is in average condition, while the smaller one requires a complete renovation. Currently, tenants occupy the property.

The advantage of the quiet street and the corner of the small square is that the house can be accessed from several directions, providing multiple street fronts and making it easier to create separate entrances or distinct units, all while maintaining close proximity to the city.

The neighborhood is especially attractive: within walking distance, green areas, parks, and the Zugló section of the Rákos stream offer pleasant nature walks and sports opportunities. Not far away is Városliget with its cultural and leisure offerings — museums, baths, Heroes’ Square, and the Városliget lake — which continuously attract tenant interest.

Thanks to good transport connections, schools, kindergartens, and local services, the area is particularly popular among families and young renters, further enhancing the property’s rental potential.

This house is a perfect opportunity for those who appreciate the atmosphere of bygone eras but want to adapt the property to modern needs, or for investors seeking a quickly profitable property in Zugló’s attractive green area. For inquiries and viewings, I am happy to provide more details.

If you plan to build on the plot:

ZONING CLASSIFICATION: LK1/3
ON A 222 SQM PLOT, 1 APARTMENT CAN BE BUILT
BUILDING PARAMETERS:
40% BUILDING COVERAGE
6.5 M BUILDING HEIGHT
MINIMUM 45% GREEN AREA RATIO

You can build a two-story house with a gross floor area of 176 sqm, with a net usable area of 130-140 sqm depending on the layout.

Please feel free to contact me with any questions!

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