Entire building for the price of one home!
Apartment ownership, wooden house, total area 514 m²
Heating and ventilation: solid fuel
Additional information: farm building, well, parking free parking, other wall, roof asbestos cement roof
Neighbourhood: location in suburb location, roads in satisfactory condition roads, near forest
Historic Two-Storey Timber House for Sale – Excellent Investment Opportunity!
or Sale: Historic Two-Story Log House – A Great Investment Opportunity!
Tartu 6, Võhma
THE HOUSE
Built in 1938, this historic two-story vertical log house features brick cladding and a plaster finish. The total floor area is 346.3 m² on a spacious 1,604 m² plot. The building consists of six separate apartment ownerships, offering versatile opportunities for both residential use and investment.
Building Features:
On-site parking: Plenty of parking space in the private courtyard.
Two entrances: Street and courtyard access provide flexibility for dividing or using the apartments.
Renovation potential: The building is looking for an enterprising new owner to complete the ongoing renovation works. While the facade and hallways need updating, several major upgrades have already been completed.
Double-pane windows: All windows have been replaced with modern 2-pane glazed windows for better energy efficiency.
Subflooring: New subfloors have already been constructed in several apartments.
Water and sewerage: Functional water and sewerage systems have been installed throughout the building.
Heating system: The building is not connected to a central heating network. Each apartment features traditional Estonian glazed tile stoves and kitchen ranges (most are in working order and currently in use). A valid chimney sweep report is available regarding the condition of the heating units.
Rental income: Currently, three apartments are rented out under open-ended lease agreements. Termination of these agreements requires a three-month notice period according to the Law of Obligations Act.
APARTMENT LAYOUT
First Floor:
Apartment No. 1: Partially renovated and currently rented. Includes an indoor WC and shower. The apartment has two entrances, offering the potential to divide it into two 2-room units.
Apartment No. 2: In need of full renovation. Floors need restoration, but windows have been replaced. Also features two entrances and the potential to be divided into two 2-room units.
Second Floor:
There are four apartments on the second floor. Two units include an indoor WC and shower; the other two have a WC, but the shower facilities are yet to be built.
GENERAL INFORMATION
Each apartment includes the right to use a storage shed in the yard for firewood and other supplies.
This property is an ideal project for renovation or for building a rental portfolio.
New owners can reconfigure the layout to increase the number of units or finish the existing renovations.
The location offers a peaceful living environment while remaining close to the town’s infrastructure and services.
APARTMENT SIZES
1st Floor:
Apt 1: 106.8 m² (4 rooms)
Apt 2: 107.2 m² (4 rooms)
2nd Floor:
Apt 3: 51.7 m² (2 rooms)
Apt 4: 55.2 m² (3 rooms)
Apt 5: 56.1 m² (3 rooms)
Apt 6: 52.9 m² (2 rooms)
TECHNICAL SYSTEMS
Electricity: 3 x 20 A
Water: Local borehole (piped into the building)
Sewerage: Local (piped into the building)
Heating: Wood-burning glazed tile stoves and kitchen ranges.
ADDITIONAL OPPORTUNITY
Option to purchase the neighboring plot at Tartu 6B for €12,000.
Tartu 6B: Plot size 3,444 m² (Cadastral code: 91201:001:0105). Includes a 61 m² 2-room house in poor condition with a garage/workshop area.
LOCATION & SURROUNDINGS
Võhma is located in the Põhja-Sakala Parish in Viljandi County. It has excellent bus connections to Viljandi, and the railway station is located right next to the property.
Distances:
Tallinn by train: 1h 30min
Tallinn: 116 km
Tartu: 85 km
Pärnu: 80 km
Viljandi: 30 km
Türi: 30 km
Võhma is a cozy small town with all essentials nearby: grocery and hardware stores, a sports hall, stadium, car service, health center, dentist, café, library, post office, community center, primary school, youth center, and playground.
NB! Please contact me to schedule a viewing. Unauthorized access to the private property is strictly prohibited!
Step toward your dreams today!
Please call in advance to arrange a suitable time!
