For Sale: Two Unit Vacation Apartment with Income Stream

These apartments are located on Rehov Betzalel in the heart of Nachlaot near City Center, Shaare Chesed, bustling Machane Yehuda, the Central Bus Station, The Great Synagogue, Ben Yehuda, Yaffa Road, the Knesset, and the Old City.

Betzalel 13 map

    • Two separate, newly renovated 1 bedroom vacation apartments
    • Ground floor (both with a private entrance & one with patio)
    • Patio apartment is approx 25 square meters & the other is approx 30 square meters
    • Fully furnished & fully equipped for short term rentals
    • Kitchenette with refrigerator & electric cooktop.
    • Central air conditioning
    • Each apartment accommodates up to 4 people
    • Weekly rental income ranges from $600 to $700 depending on season
    • Occupancy rate approximately 60%
    • Est. net annual return on investment 6.5- 7.5% (including management costs)

Betzalel I – Garden apartment 25 square meters

Betzalel 1 - Long ViewBetzalel 3 - Long View Betzalel 6 - Bedroom

Betzalel 5 - Bed Bath

Betzalel 9 - Bathroom

Betzalel II – 35 square meters

Betzalel II - 2 Betzalel II - 1 Betzalel II - 4 Betzalel II - 3

Betzalel II - 5

Asking Price: 1,700,000 ILS

For more information:

Francine Bork, Licensed Real Estate Broker
JerusalemIsraelRealEstate.com
In cooperation with MyJerusalemApartments.com
Israel: 054-7980813 or USA: 347-828-7889

Agency fee equal to 2% of Purchase Price plus VAT applies

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