Tenanted House for Sale in Chiang Mai | 6.86% Gross Yield

Tenanted 3-Bedroom House for Sale in Pa Tan, Chiang Mai | Rental Investment Property with 6.86% Gross Yield Asking Price: THB 4,200,000 | Current Rental Income: THB 24,000/Month Property ID: TS0072 An attractive opportunity to acquire an income-generating residential property in Pa Tan, Mueang Chiang Mai. This fully furnished, two-storey detached house is situated within a residential development offering communal facilities, including a swimming pool, fitness center, clubhouse, landscaped garden, and security. The property is currently tenanted at THB 24,000 per month, with the existing lease scheduled to expire in June 2027. For investors seeking a rental property with an established tenancy rather than a vacant home requiring a new tenant, this property is worth considering. Property Details Property Type: Two-Storey Detached House Location: Pa Tan, Mueang Chiang Mai Land Size: 37.5 sq.wah (150 sq.m.) 3 Bedrooms 3 Bathrooms Living Room Kitchen Car Parking Tastefully Decorated Fully Furnished Currently Tenanted Investment Highlights Asking Price: THB 4,200,000 Current Monthly Rental Income: THB 24,000 Potential annual gross rental income at the current rate: THB 288,000 Estimated Gross Rental Yield: 6.86% per annum Existing tenant in place Current lease expires June 2027 Established residential location in Chiang Mai city The estimated gross yield is based on 12 months of rent at the current rate and excludes taxes, maintenance, community fees, vacancies, and other ownership costs. Community Facilities Communal Swimming Pool Fitness Center Clubhouse Communal Garden Security Personnel CCTV Surveillance Nearby Amenities Chiang Mai International School (CMIS) Lanna Hospital Lotus's Kham Thiang Kham Thiang Market Central Chiang Mai Shopping Mall Prince Royal's College Sale Terms Asking Price: THB 4,200,000 Ownership transfer fees shared equally between buyer and seller, subject to the agreed terms. The property is sold with the existing tenancy. The current lease is scheduled to expire in June 2027. This property may appeal to investors looking for a residential rental asset in Chiang Mai or buyers planning for future personal occupancy after the existing tenancy ends, subject to the lease terms and applicable law. Contact Golden Estate Group for further details, tenancy information, or to arrange a property viewing. Tel: +66 82 626 5539 | +66 63 296 9293 Find the Right Property, Make the Right Move. Property ID: TS0072