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For sale: Corner 2-facade house in An Phu, District 2 - Stable cash flow

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For sale: Corner 2-facade house in An Phu, District 2 - Stable cash flow

Let's be honest, not every corner 2-facade house is 'gold'

A friend of mine who works at a bank just called, saying there's a corner 2-facade house in An Phu, District 2 that needs to be sold. It sounds attractive at first, but I told him: 'Just send me the information, I don't want to get excited just hearing 'corner 2-facade'. With decades of investment experience, I know everything has its value, it's just about recognizing it.

Location on Street 17, An Phu: What's special?

Street 17, An Phu, District 2 is located in the An Khanh residential area. Generally, this area is quite quiet and has a stable population. The good thing is, it's not as noisy as the major roads, but still very convenient for transportation. It's close to schools, supermarkets, and other amenities. If you like peace and quiet, but still want all the conveniences, this is a good choice.

House Structure: Basement + 3 Floors, 6 Bedrooms

Land area is 15x20m, with a total construction area of approximately 366.9m2. The house has a basement + 3 floors, with 6 bedrooms. This design is quite suitable for large families, or if you want to rent it out, it's also easy to find tenants. However, the house does not have an elevator, so it may be inconvenient for elderly or young children.

Price of 130 Billion VND: Expensive or Cheap?

The price is 130 billion VND, equivalent to about 430 million VND/m2. Compared to the general price level in this area, it can be said to be average, even a little high. But you have to consider the factor of a corner 2-facade house, located in the An Khanh residential area. If you intend to buy to live in, this price may be acceptable. If you buy to invest, you need to carefully consider the rental potential, or the possibility of price increases in the future.

Cash Flow: Kindergarten is currently renting

Currently, the house is rented to a kindergarten. This is a big plus, as you will have a stable cash flow as soon as you buy the house. However, you also need to carefully review the lease agreement, lease term, and other terms to ensure your rights.

Advice from someone who's been there

Buying a house is a big decision, you need to consider it carefully. Don't just look at the appearance, but learn about the location, structure, price, and potential of the house. If you don't have much experience, you should seek advice from a real estate expert.

The most important thing is to clearly define your purpose for buying a house. If you buy to live in, choose a house that suits your family's needs and preferences. If you buy to invest, choose a house with high profit potential.

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