1bdrm Block of Flats in Sportview Street, Kasarani for sale

This lucrative block of flats presents an outstanding opportunity for investors seeking stable rental income in Nairobi's thriving Kasarani neighborhood. The property consists of 44 well-maintained bedsitters and 3 commercial shops, currently generating a total monthly rental income of KES 430,000.

Property Highlights:

• Prime Location: Situated in the desirable Sportview Street area of Kasarani
• Steady Income: Proven rental yield of KES 430,000 per month
• Affordable Price: Offered at KES 52,000,000 (excellent value for money)
• Functional Units: Each bedsitter features one bathroom/toilet
• Commercial Potential: Includes 3 income-generating shop spaces

Property Features:

• 24-hour reliable electricity with prepaid meters for easy management
• Practical kitchen cabinets in all units
• Durable tiled flooring throughout the property
• Unfurnished units allowing for flexible tenant arrangements
• Established property with proven rental history

The property, while of older construction, has been well-maintained and offers excellent return on investment potential. Its location in Sportview ensures consistent tenant demand from both students and young professionals attracted to the area's accessibility and amenities.

Don't miss this chance to own a high-performing rental property in one of Nairobi's most dynamic neighborhoods. The current rental income demonstrates strong cash flow potential, with opportunities to possibly increase yields through strategic upgrades.