Move-in Ready 3-Room Apartment in Popular Amsterdam East with Modernization Potential

This spacious 3-room apartment offers 69 square meters of living space and is situated on the second floor of a well-maintained residential building constructed between 1981 and 1990. The property is located on Menadostraat, a quiet and characteristic street in the highly desirable Amsterdam Oost district, known for its excellent combination of tranquility, greenery, and urban amenities.

The apartment features a bright and inviting living room that floods the space with natural light, creating a comfortable setting for everyday living and entertaining. Two generously sized bedrooms provide flexible accommodation options, making this property ideal for first-time buyers, couples, or a small family seeking a practical yet spacious home.

The current kitchen is described as basic but functional, offering numerous possibilities for those who wish to update and customize it according to contemporary tastes. Similarly, the bathroom presents renovation potential, allowing new owners to design and finish this space exactly to their own preferences and requirements.

One of the significant advantages of this property is the recently installed Intergas HR central heating boiler, which was replaced in 2025 and is owned by the current owner. This new heating system provides reliable warmth and hot water, offering peace of mind and a solid foundation for the future without the immediate need for major infrastructure investments.

The apartment includes a building-related outdoor area of 4 square meters, likely a balcony, as well as an external storage unit of 6 square meters. An attached stone storage shed provides additional practical storage space for bicycles, tools, or other belongings. The property is equipped with mechanical ventilation and TV cable connections.

Energy efficiency is well-addressed with an A energy label and double glazing throughout the apartment. These features contribute to lower energy costs and a comfortable indoor climate year-round.

The apartment is positioned on the second floor and spans a single floor, simplifying navigation within the home. The building features a flat roof covered with bituminous roofing material.

Regarding ownership structure, the perpetual leasehold has been fully bought off, which means there are no ground rent payments to consider. This permanent ownership arrangement provides long-term financial clarity and eliminates concerns about leasehold extensions or increases.

The monthly VvE contribution is 143 euros, which covers maintenance, insurance, and reserve fund contributions. The VvE is properly organized with KvK registration, annual meetings, a reserve fund, a maintenance plan, and building insurance, indicating a professionally managed association.

Amsterdam Oost is a vibrant and popular district that attracts residents with its diverse character and excellent amenities. In the immediate vicinity, residents enjoy access to a wide range of shops, supermarkets, cozy cafes, restaurants, and sports facilities. Public transport connections are excellent, making commuting throughout the city convenient. Major road networks are easily accessible for those traveling by car.

Recreational options abound with nearby Oosterpark and Flevopark providing green spaces for relaxation and outdoor activities. The bustling city center of Amsterdam is within short distance, offering world-class cultural attractions, shopping, dining, and entertainment.

Parking options in the area include paid parking, public parking facilities, and parking permits, providing flexibility for vehicle owners.

The property has been continuously rented out previously, which may offer interesting opportunities for both owner-occupiers and investors. For those seeking to live in the property themselves, the current rental situation may require notice periods or coordination to vacant possession. For investors, the existing rental history demonstrates the property's rental potential in this sought-after neighborhood.

With a layout that prioritizes practical living and generously proportioned rooms, this apartment provides a strong foundation for creating a personalized home. The combination of good bones, a desirable location, recent heating system upgrades, and owned leasehold creates an attractive proposition for buyers who appreciate the opportunity to modernize and put their own stamp on their living space.

The asking price of 495,000 euros costs buyer translates to approximately 7,174 euros per square meter, positioning this property within the Amsterdam market context while offering the added benefit of customization potential.