For Sale: Renovated 2 Bedroom Apartment on Rehov Abraham Lincoln in Jerusalem

This 3 room (2 bedroom) apartment is located on Rehov Abraham Lincoln, named in honor of  the 16th president of the United States of America.   This popular street is surrounded by the exclusive neighborhoods of Rehavia, Mamilla, Talbieh and Yemin Moshe.

Centrally located makes living here convenient to everything – shopping, cultural and educational centers, religious centers, government offices, public transportation, major roadways within the city, popular hotels and the like.

Points of interest nearby include the Great Synagogue, Orthodox Union Jerusalem World Center, Heichal Shlomo Jewish Heritage Center, USCJ Fuchsberg Jerusalem Center, Hebrew Union College, Independence Park, the US Consulate on Rehov Gershon Agron, Mamilla Shopping Mall and Hotel, David Citadel Hotel, King David Hotel, the YMCA and much more.

       

      

Property Details

  • Serene setting with lots of light and fresh air
  • First floor with approximately 20 stairs
  • Completely renovated and fully furnished at high standards in 2011
  • Balcony with view of the greenery surrounding the apartment
  • 60 square meters of living area (approx)
  • Electric Blinds
  • Central Air Conditioning
  • Phase 3 electric
  • Land is owned privately

Consideration as an Investment Property

  • Presently the apartment is rented at a monthly rental of 5,800 NIS – Lease expires July 2013.
  • Projected Annual ROI at present monthly rental is 3.70%
  • This location is very popular amongst foreigners who travel to Jerusalem for extended or short term stays.

Purchase Price:   1,980,000 NIS  Reduced 1,880,000 NIS

EXCLUSIVE LISTING

ISRAEL GROUP NADLAN

One Ben Yehuda, Jerusalem

Cell:  054-7980813

USA:  347-828-7889

Skype:  franadav

Broker Participation Welcome

Note:  Israel Group Nadlan agency fee is equal to 2% of the purchase price plus VAT

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