FOR SALE – 76 SQM (818 SQ FT) APARTMENT WITH TWO BALCONIES AND GREEN VIEWS ON ORCZY ÚT

A 76 sqm (818 sq ft), third-floor apartment in good condition with two balconies is for sale on Orczy út, in a building with an elevator. The property enjoys pleasant views over green open spaces and gardens.

The apartment is fully livable and rentable in its current condition, requiring no immediate major investment. The kitchen and bathroom could benefit from modernization, allowing the new owner to customize the property according to their own needs while further increasing its value.

Key Features

- 76 sqm (818 sq ft) living area

- 3rd floor apartment in a building with elevator

- 2.5 rooms (living room + 2 bedrooms)

- 2 balconies

- green, open-space and garden views

- separate kitchen with pantry

- separate bathroom and WC

- air-conditioned living room

- completely upgraded electrical system

- 25-amp electrical capacity

- residual current device (RCD) and 10 circuit breakers

- electric shutters on all windows

- 6 sqm (65 sq ft) private storage room in the basement

- heating: 2 gas convectors and heating/cooling air conditioning

- common cost: HUF 21,000/month

- electricity flat rate: approx. HUF 12,000/month

- gas flat rate: approx. HUF 10,000/month

Potential and Layout Options

The apartment is currently configured as a living room and two bedrooms, but the internal walls can be moved, offering several layout possibilities.

It can be converted into a 4-room apartment or, with proper redesign, even divided into two separate units, making it an attractive opportunity for investors.

Building

The property is located in the second building of a residential complex consisting of two buildings and approximately 80 apartments. Thanks to its position within the complex, the apartment is set back from street noise and enjoys open green views.

The building has an elevator, the roofs are in good condition, and no major renovations are currently planned. The condominium has financial reserves, supplemented by proceeds from the sale of a former caretaker's apartment.

Residents also have access to a 143 sqm (1,539 sq ft) rooftop terrace located in Building 1. Airbnb rentals are prohibited by the condominium regulations, ensuring a quiet and stable residential environment. The community is well-maintained and respectful.

Location and Transportation

The apartment is located in an excellent area within walking distance of Nagyvárad tér, Népliget, Semmelweis University, the University of Public Service, and the Botanical Garden (Füvészkert).

Public transportation is outstanding:

- M3 Metro line at Nagyvárad tér

- Tram lines 23, 24, 28A and 62

- Bus line 99

- Trolleybus lines 72 and 83

- several night bus services nearby

Budapest city center and other major transport hubs can be reached quickly and conveniently.

An excellent choice as a home, a long-term rental investment, or a value-add redevelopment project.

The property is owned by a single owner, free of liens, claims, and encumbrances. Furniture and appliances are included in the purchase price, and the apartment is available for immediate possession.

For further information or to arrange a viewing, feel free to contact me.