Two fully furnished two-room apartments for sale in Riihimäki for just over €10,000.
Two two-room apartments for sale at Lasitehtaantie 55 in Riihimäki. The apartments are already rented out and generate a rental yield of 6.07–7.01%. The sale price is only €10,332.
Debt-free price €45,000
Selling price €10,332.06
Cash flow / month 227.80 – 262.80
Rental income 6.07–7.01%
Information about apartments
| Address | Lasitehtaantie 55 |
|---|---|
| Apartment | L 111 & N 126 |
| Type | 2 hours + month |
| Area | 56m2 |
| Rent | 575–610 |
| Maintenance fee | 347,20 € |
| Financial compensation | 280 € |
| Debt ratio | 34 667,94 € |
| Status |
Free
|
Pre-rented apartments for sale at a low price
- The housing company has its own plot of land
- The property is located in the Kumela area, surrounded by detached houses, and is only about 2.5 km from the Riihimäki train station.
- The apartments are affordable with a small down payment and come with a generous mortgage!
- Sale prices only €10,332! (Company loan shares €34,667.94)
- The apartments have a rental yield of 6.07–7.01%.
- Return on equity 13.23–16.34% and cash flow €52.80–87.80/month with 70% financing*
*Loan calculated based on a 20-year loan period and a total interest rate of 3%. The equity requirement is €13,500 and the loan repayment including interest is €175/month in this calculation. Cash flow is calculated using the formula rent − maintenance charge − loan repayment = €52.80–87.80/month.
*Loan calculated based on a 20-year loan period and a total interest rate of 3%. The equity requirement is €13,500 and the loan repayment including interest is €175/month in this calculation. Cash flow is calculated using the formula rent − maintenance charge − loan repayment = €52.80–87.80/month.
Housing company information
- Name of housing company:Asunto Oy Riihimäen Lasitehtailija
- Address of the housing company:Lasitehtaantie 55, Riihimäki
- Property ID:694-011-0087-0009
- Land ownership:Own
- Planning situation:Local detailed plan
- Year of completion:1973
- Year of commissioning:1973
- Building and surface materials:Prefabricated house and brick
- Roof type:Gable roof
- Roofing material:Felt
- Heating system:District heating and water-circulating radiator heating
- Ventilation:Mechanical exhaust ventilation system
- Water supply:Municipal water
- Sewerage:Municipal sewerage network
- Elevator:No
- Sauna in the building:Yes
- The housing company has:Storage rooms for personal belongings
- Yard parking spaces:30
- Energy class:E2018
- Energy certificate validity period:April 17, 2035
- Maintenance needs assessment completed:2021
- Asbestos survey:The property was completed before 1994 and no asbestos survey has been conducted.
- Number of residential units:36
- Total floor area of residential apartments:1,935 m²
- Loans for the housing company:€616,525.58
- Date of the housing company's loan:According to the date on the property manager's certificate
Government maintenance needs assessment for 2025–2029
- 2025 Roof/attic condition inspection and repair plan in spring 2026
- 2026 Moisture survey and borehole measurements of floors against the subfloor, as well as a more detailed condition inspection and repair plan for the property's rainwater systems and dam boards in spring 2026.
- 2026 General inspection of facades, assessment of the condition of element joints and repair needs. At the same time, the bricks on the end walls will be checked.
- 2027 Condition survey of pipelines
- 2028 Condition survey of electrical systems
The board's maintenance plan is based on a report on the property prepared by Kiwa Inspecta Oy on November 7, 2021.
Report on significant maintenance and modification work carried out:
- 2018 Lock series
- 2016 Chimney sweeping and air flow adjustment
- 2012 Condition survey of facades and balconies
- 2011 Replacement of playground equipment
- 2011 Addition of outdoor lighting
- 2008 Replacement of the eaves gutter
- 2008 Installation of new felt roofing
- 2007 Renovation of kitchens and bathrooms
- 2007 Renovation of the water supply network
- 2007 Renovation of staircase and basement facilities
- 2005 Partial replacement of element joints
- 2004 Replacement of drainage pipes
You can find more detailed information and materials about the housing company here.
Pictures of the apartments
Floor plan of apartments
Condition scores for apartments
| Average condition score for the apartment | 2-3 |
|---|---|
| Average surface area of apartment | 2-3.5 |
| Average condition of the kitchen | 2-3 |
| Average condition of bathrooms | 3 |
| Description | Condition | Impact on re-renting |
| 1 | Broken and requires immediate replacement or repair. | This will likely affect re-renting. |
| 2 | Clear signs of wear, but still usable. | May affect re-renting. |
| 3 | In habitable condition and meets the tenant's needs. | Unlikely to affect re-rental. |
| 4 | Very neat and in good condition. | Unlikely to affect re-rental. |
| 5 | In new condition. | Does not affect re-renting. |
The condition scores for each living space are averages based on detailed condition scores for the different rooms in the apartment. Check out the detailed condition scores for the apartment in the apartment materials!
Location of the destination on the map
Riihimäki as an investment city
Riihimäki as an investment city – a train city with stable rental demand and a low investment threshold
Riihimäki, a town of approximately 28,000 inhabitants in Kanta-Häme, is known as a railway hub and commuter area between the capital region and Hämeenlinna. It is also one of the most interesting smaller investment cities in the border region between Uusimaa and Häme. Affordable prices, a stable population base, and continuous rental demand make Riihimäki a sensible choice for residential investors looking for a steady cash flow with a small initial capital investment.
Why invest in Riihimäki?
Along the main railway line – excellent accessibility:Riihimäki is a key transport hub, with almost all trains between Helsinki and Tampere stopping there. The train journey to Helsinki takes only about 45 minutes, making the city an attractive destination for commuters. This increases the constant demand for rental apartments, especially in the city center and near the station.
Reasonable price level – high rental yield potential:Apartment prices in Riihimäki are very competitive compared to prices in the capital region. Although rents are not high, they are stable, which enables good rental yield percentages, especially for studio apartments and small two-room apartments.
Diverse economic structure:The city offers jobs in logistics, industry, and education, among other sectors. Government agencies, the armed forces, and nearby industrial plants maintain labor mobility—and thus rental demand.
Educational offerings and student demand:Riihimäki is home to a HAMK campus and the Hyria educational institution. Although student numbers are not high, they support demand for small rental apartments in particular. Furnished studio apartments and short-term leases are popular among students.
Developing urban structure and moderate new construction:In recent years, Riihimäki has focused on developing its city center, the area around the train station, and new residential construction in the Rauhankatu and Patastenmäki areas. Building rights are available, but there is no oversupply, which keeps the market in balance.
A peaceful residential environment close to nature:The city is particularly popular among retirees and families with children. This makes family homes sought-after long-term rental properties, especially in areas with detached houses.
Opportunities for short-term rentals:Riihimäki hosts several national training and event occasions that create occasional demand for short-term accommodation, especially in furnished properties. Airbnb is not yet overly competitive in the city.
Riihimäki offers residential investors the opportunity to build a stable cash flow with a low investment threshold. The city's location, continuous rental demand, and affordable housing supply make it an attractive option, especially for novice investors or those focused on cash flow – without the risks of the capital region, but within its reach.
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