Fully furnished two-room apartment in Lahti in a prime location

A 53.5 m² two-room apartment for sale in Mattilanmäki, Lahti, in 2022, from a company undergoing renovation. The apartment is already rented out and has excellent flipping potential!

Debt-free price €82,000

Selling price 53,606.93

Cash flow / month €312.50

Rental income 4.57

Information about the apartment

Address Poikkikatu 4
Apartment A 15
Type 2h + k
Area 53.5m2
Rent 580 €
Maintenance fee 267,50 €
Financial compensation 187,25 €
Debt ratio 28 393,07 €
Status
Free

Pre-rented apartment in 2022 in a renovated apartment building for €82,000 with no debt

  • Line renovation completed in 2022
  • Fully furnished apartment, just one kilometer from the city center
  • Excellent and central location, housing company has its own plot of land
  • Apartment on the fifth floor of a building with an elevator
  • An excellent opportunity to increase value through renovation
  • Apartment with 4.57% rental yield
  • Return on equity 8.22% with 70% leverage*

*Loan calculated based on a 20-year loan period and a total interest rate of 3%. The equity requirement is €24,600, and the loan repayment including interest is €318/month in this calculation.

Apartment Company Lahden Poikkikatu 4

General information

  • Name of housing company:Asunto Oy Lahden Poikkikatu 4
  • Address of the housing company:Poikkikatu 4, 15140 Lahti
  • Property ID:0398-0005-5111-0001
  • Land ownership:Own
  • Planning situation:Local detailed plan
  • Year of completion:1971
  • Year of introduction:1971
  • Building and surface materials:Concrete
  • Roof type:Flat roof
  • Roofing material:Felt
  • Heating system:District heating
  • Ventilation:Mechanical extraction
  • Water supply:Municipal water
  • Sewerage:Municipal sewerage network
  • Elevator:Yes
  • Sauna in the building:Yes
  • The building has:laundry room, attic, basement storage rooms, outdoor equipment storage, civil defense shelter, mangle, drying room
  • Parking spaces:14 parking spaces in the parking garage/garage, 23 other parking spaces
  • Energy class:F2018
  • Energy certificate validity period:June 20, 2034
  • Maintenance needs assessment completed:2025
  • Asbestos survey:Asbestos has been found in the property and apartments, for example in the grout between tiles in the kitchen.
  • Number of residential units (units):40
  • Total floor area of residential units:2,220.00 m²
  • Loans for the housing company:€762,399.31 (August 31, 2025)

Maintenance needs plan 2025–2030

  • 2025 – Replacement of fire alarms
  • 2025 – Roof renovation
  • 2025 – IV chimney sweeping
  • 2025–2027 – Repair and painting of the plinth (planning to begin in 2025)
  • 2025–2027 – Rainwater drainage, electrification of parking spaces and resurfacing of the front yard, drainage pipes on the hill in the back yard (planning to begin in 2025)
  • 2027–2029 – Renovation of ventilation balconies
  • 2027–2029 – Replacement of balcony windows and doors

Corrections made

  • 2004 – District heating substation renovated
  • 2011 – Maintenance painting of garage doors
  • 2012 – Partial repair of ventilation balconies, locking system installation
  • 2013 – Connection to cable TV network, repair of building sauna, replacement of radiator thermostats, heating balancing, ventilation cleaning and adjustment, flagpole, heating network balancing and adjustment, ventilation machine refurbishment
  • 2014 – Replacement of the sauna benches in the C wing
  • 2015 – Replacement of line valves and radiator thermostats, replacement of bicycle shed doors, replacement of drying room floor and removal of mesh wall, replacement of washing machine, renovation of playground, painting of garages and installation of partition walls, replacement of lift doors and lights, paneling of facades, renovation of yard area and removal of yard paving, renovation of grass slope, condition survey of ventilation balconies, condition survey of sewerand service water pipes, project plan for line renovation, replacement of service water pipes, drains and bathrooms, renovation of the sauna area, replacement of the main electrical panel, installation of smoke extraction windows, sealing and repair of facade element joints
  • 2017 – Facade element joints
  • 2022 – Renovation (replacement of water pipes, sewers, and bathrooms; renovation of sauna facilities and electrical systems; installation of smoke extraction windows)
  • 2024 – Facade element joints (sealing and necessary repairs)

You can find more detailed information and materials about the housing company here.

Pictures of the apartment

Floor plan of the apartment

Apartment condition points

Average condition score for the apartment 3
Average surface area of apartment 2,5
Average condition of the kitchen 2
Average condition of bathrooms 5
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!

Location of the destination on the map

Lahti as an investment city

Lahti – A dynamic investment city in the heart of growing Southern Finland

Lahti, Finland's eighth largest city, is a lively and developing center that offers diverse opportunities for residential investors. With a population of over 120,000, the urban area provides a solid foundation for housing demand, and Lahti's location in the middle of Southern Finland's growth corridor reinforces its position as an attractive investment destination. The city's diverse services, strong industrial heritage, and investments in green technology make it a unique combination of tradition and future prospects.

Why choose Lahti for real estate investment?

Lahti is a city that leaves no one cold. Its excellent transport connections to Helsinki and elsewhere in Finland make it an ideal location for both work and leisure. The city's continuous development is reflected in the emergence of new residential areas, businesses, and services, which creates a stable foundation for housing demand and rental income. Lahti is also known for its active cultural and sporting life, which attracts residents and increases the city's appeal. Lahti's affordable housing offers a wide range of options, from new developments to renovated apartments, so every investor is sure to find a property that suits their budget and goals. Lahti is a city that pulsates with life and offers real estate investors the opportunity to be part of its success story.

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