Two flip-flop apartments for sale from the same company in Kerava

Two-room and three-room apartments for sale in the same renovated apartment building, sold well below market price.

Debt-free price 69,000 – 109,000

Selling price 57,100 – 93,900

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Apartment details

Address Marttilankatu 2-8
Type Two-room and three-room apartments
Area 57.5–79m2
Rent 460 – 631
Maintenance fee 258–330
Financial compensation 214–274
Debt ratio 11,900 – 15,100
Status
Free

Buy, renovate, sell, and make money

  • If you purchase both, you will achieve cost efficiency in your renovation, as the properties are located at the same address.
  • Two-room and three-room apartments in the same renovated apartment building
  • The properties are located in the peaceful residential area of Savio in Kerava.
  • Good condition housing association now available for flippers
  • This is a good opportunity to implement the BRRR strategy or sell the property after renovation at a profit.

Basic information about the housing company

  • Name of housing company:As. Oy Marttilankatu 2-8
  • New property:No
  • Building type:Loft building
  • Year of construction:1985 (year of commissioning 1985)
  • Number of apartments:28
  • Number of commercial premises:0 (0 m²)
  • Floors:2
  • Elevator:No
  • Sauna in the building:Yes
  • Building material:Concrete
  • Roof type:Gable roof
  • Roofingmaterial:Sheet metal
  • Plot size:3,163 m²
  • Land ownership:Leased (City of Kerava)
  • The lease agreement for the plot expires on:January 1, 2035
  • Land rent:€1,194.00/year
  • Heating system:District heating (water-circulating radiator heating)
  • Ventilation:Mechanical
  • Property management:Maintenance company and shareholders
  • Host:Ari Syysmäki, MER-Isännöinti, tel. +358 9 2797 280
  • Zoning situation:Local detailed plan (City of Kerava)
  • Transport connections:Bus approx. 100 m, Savio train station approx. 850 m

Renovations carried out in the housing company

  • 1998– Coating of walkways
  • 2009– Apartment entrance doors replaced
  • 2012– Domestic water pipes replaced
  • 2012– House element joints renewed
  • 2016– Balconies and roofs repaired (balcony glazing maintained by the company)
  • 2019– Apartment balcony doors replaced
  • 2020– Resurfacing of parking lot asphalt
  • 2021– Replacement of radiator valves and flushing of the network
  • 2021– Renovation of the club room door
  • 2025– Window replacement

Maintenance needs assessment

  • 2026– Ventilation cleaning and adjustment (decided)
  • Note:The company does not have a separate long-term maintenance plan approved by the general meeting; the report is updated annually at the general meeting.
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Pictures of the apartments

Floor plans of apartments

79 m
57.5 m2

Condition scores for apartments

Average condition score for the apartment 2
Average surface area of apartment 2
Average condition of the kitchen 2
Average condition of bathrooms 2
DescriptionConditionImpact on re-renting
1Broken and requires immediate replacement or repair.This will likely affect re-renting.
2Clear signs of wear, but still usable.May affect re-renting.
3In habitable condition and meets the tenant's needs.Unlikely to affect re-rental.
4Very neat and in good condition.Unlikely to affect re-rental.
5In 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!

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Location of the destination on the map

Kerava as an investment destination

Kerava – a compact city in the heart of the capital region

Kerava, a compact and developing city with approximately 37,000 inhabitants in Central Uusimaa, is located only about 25 minutes by train from the center of Helsinki. Its excellent location, strong rental demand, and active urban development make Kerava an attractive investment destination for those seeking returns in the capital region without the prices of Helsinki.

Why invest in Kerava?

The appeal of the capital region without overheated prices:Apartment prices in Kerava are significantly lower than in Helsinki or Espoo, but rent levels remain high. This offers real estate investors the opportunity to generate good cash flow without a large capital investment, especially in studio and one-bedroom apartments close to the city center.

Good connections and location:Kerava is an excellent example of a town that has grown up alongside a railway line. The train provides quick access to Helsinki, Tikkurila, and the airport. The location supports commuting and makes the town attractive to tenants.

Developing city center and infill development:Kerava's city center has been actively developed in recent years – new apartment buildings have been constructed and the cityscape is becoming denser. The city's strategy emphasizes comfort, a pedestrian-friendly city center, and accessibility of services – all of which increase the area's appeal from the tenants' perspective.

Diverse rental demand:Kerava is home to many young adults, students, families with children, and immigrants – the rental market is diverse and demand is stable. There is constant demand for well-equipped small apartments and affordable two-bedroom apartments in particular.

Family-friendly environment and proximity to nature:Although Kerava is urban and compact, it also offers greenery and pleasant park areas. This makes it attractive to families who want to combine urban living with a peaceful quality of life.

Airbnb and short-term rental potential near the capital region: Although Kerava is not a tourist town, there may be demand for short-term rentals for temporary tenants, such as project workers, remote workers, or international visitors, especially near the city center and train station.

Kerava offers residential investors a combination of good yield potential, stable demand, and an excellent location. It is an excellent option for investors seeking cash flow, benefiting from the growth of the capital region—but with a lower threshold.

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