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3bdrm Block of Flats in Utawala for sale
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Utawala 5 views Aug 08, 2025
KES 33,000,000 Selling
Overview
| Last Updated | Aug 08, 2025 |
| Property ID | 20875129 |
| Category | Houses and Apartments for Sale |
| Number of bedrooms | 3 |
| Number of bathrooms | 3 |
| Price | KES 33,000,000 |
| Property Address | Utawala |
| Estate Name | Utawala |
| Property Size | 1000 sqm |
| Toilets | 3 |
Description
Discover a lucrative real estate opportunity in the rapidly growing area of Utawala, Nairobi. This well-maintained 4-storey block of flats presents an ideal investment with its consistent rental income and prime location-just 500 meters from Kayole Road (off Nairobi Eastern Bypass) and 100 meters into Meji Lane, near Shooters Inn.
The property is currently fully occupied, generating a steady monthly income of KES 316,000. It comprises 16 units in total:
- Ground Floor: Car parking and one 1-bedroom unit
- 1st to 4th Floors: Four units of 2-bedrooms each per floor
Key features include:
- Water Supply: Reliable borehole system
- Electricity: 3-phase grid connection for ample power
- Security: Installed CCTV surveillance cameras throughout
- Additional Amenities: Flat roof with clothing lines, open playing/resting area, and a social hall; water tanks positioned on top of the social hall
- Condition: Fairly used, unfurnished, with 3 toilets per unit
This property offers not just a solid investment but also potential for value appreciation in one of Nairobi's promising neighborhoods. Title deed available for review.
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