For Sale in Yaelim, Eilat – Corner Ground-Floor Income Property, Currently Rented as 6 Units

💰 Asking Price: ₪2,800,000

An income property in the Yaelim neighborhood of Eilat, on HaHorev Street: a corner ground-floor house (the end unit of a row), currently rented as 6 residential units, all of them rented.

Each unit has a bedroom, a living room with a kitchenette, a shower and air conditioning. The interiors were recently renovated: porcelain floors, modern kitchenettes, designed bathrooms with black fittings and new A/C units. Some of the units have a separate entrance, and one has a private yard.

Key features:

• Corner ground-floor house – end unit of a row

• Currently rented as 6 units, all rented

• Each unit: bedroom, living room with kitchenette, shower and A/C

• Recent renovation: porcelain floors, modern kitchenettes, designed bathrooms with black fittings, new A/C units

• Some units with a separate entrance, one with a private yard

• Plot of about 211 m²; per the building permit, 154.95 m² built, including the attic

• No parking

For investors:

6 units × ₪3,500 per month (everything included except electricity) = about ₪21,000 per month, about 9% gross yield on a price of ₪2,800,000.

Location:

Yaelim neighborhood, Eilat, on HaHorev Street, right next to a park and a playground.

💰 Price: ₪2,800,000

For details and viewings: Korenfld Properties.