Great Apartment Building for Sale

Nestled in one of Bole's most desirable residential neighborhoods, this exceptional apartment building presents a rare investment opportunity combining strong rental performance with an outstanding location. Situated on 735 m² of total land with the building occupying 400 m², the property comprises 23 well-designed apartments, including 13 one-bedroom and 10 two-bedroom units, all thoughtfully planned to meet the growing demand for quality urban living. Just a short walk from Bole Road, residents enjoy convenient access to shopping, restaurants, cafés, business centers, and major transportation routes while benefiting from the privacy and tranquility of a peaceful residential setting. Designed for both comfort and long-term value, the property features fitted wardrobes, a dedicated laundry room, a 3-phase electric meter, generator backup, water pump, and asphalted road access for year-round convenience. Currently generating approximately USD 27,000 in annual rental income, this income-producing asset offers an attractive return on investment with excellent potential for future appreciation in one of Addis Ababa's most sought-after districts. Offered at ETB 100 Million (negotiable), this is a unique opportunity to acquire a well-maintained, high-performing apartment building with lasting income potential in the heart of Bole.