Investment Opportunity: Multi-Family Residential Building Southeast Finland

Finland, Kouvola sub-region, Kouvola
$109,112
$205/m²
;
Last update: 02/01/2026

Location

  • Country
    Finland
  • State
    Mainland Finland
  • City
    Kouvola sub-region
  • Address
    Hameentie, 3 St1 Kouvola Myllykoski

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $205/m²
  • Total area
    Total area
    531 m²

Building parameters

  • Number of floors
    Number of floors
    3

Description

This is a unique opportunity to acquire a well-maintained, small-scale residential apartment building located in the Kouvola region of Southeast Finland. The property offers an attractive high-yield alternative to the saturated markets of Southern Europe and Finland’s Tier-1 cities, combining stable rental income with long-term stability in one of the world’s most secure investment environments.

The building is fully operational and sold with tenants in place, making it suitable for both private investors and professional buyers seeking predictable income.

Property Overview

  • Asset Type: Multi-family residential building (Pienkerrostalo)
  • Tenure: Freehold
  • Sale Type: Sold with tenants in place
  • Asking Price: €93,000
  • Year of Construction: 1969
  • Construction: Brick and concrete
  • Floors: 3
  • Roof: Flat roof with felt roofing
  • Heating & Energy: Ground-source (geothermal) heating with water-circulated radiators (installed 2014) significantly reduces operating costs and supports long-term sustainability
  • Ventilation: Mechanical exhaust
  • The building has undergone apartment-level renovations mainly during the 2020s. Overall condition is satisfactory for its age. Plumbing systems, typical for this construction period, are approaching a stage where renewal should be planned as part of long-term maintenance. This has been reflected in the pricing, offering the future owner flexibility to modernize according to their investment strategy.
  • The property is sold together with its own freehold land, eliminating ground lease risks or future rent increases, and includes outdoor amenities such as a barbecue area and auxiliary wooden buildings that support long-term residential use.

This property offers a transparent and realistically priced opportunity to acquire a stable, income-generating residential building in Southeast Finland. With existing rental income, energy-efficient geothermal heating, and clear long-term maintenance considerations, it is well suited for buyers seeking a straightforward, low-risk residential asset. Located in Myllykoski, a developing area with ongoing construction and infrastructure growth, including large-scale projects such as the Google data center in the wider region, the property benefits from stable rental demand, making it a practical and sustainable investment in the Nordic market.

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Finland, Kouvola sub-region, Kouvola
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