Mesilat Yesharim

Some streets carry a name you already know. Mesilat Yesharim, the Path of the Just, runs through the heart of Nachlaot, where stone lanes open onto courtyards and the Machane Yehuda shuk is a short walk from your door. On this street, a newly built 2 bedroom apartment has come to market at under 40,000 NIS per square metre, a number Nachlaot almost never offers.

The apartment sits on the entrance level of a new building with a Shabbat elevator: 88 sqm with a mamak (a mamak (floor mamak (floor safe room)) on each floor), central air conditioning, one and a half bathrooms, private parking, and two storage rooms of about 21 sqm between them. Outside, a small outdoor space kosher for Sukkah.

The property is currently tenanted at 5,650 NIS a month, below market, which means income from day one and clear upside at renewal. For a first-time buyer it is a foothold in the center of Jerusalem; for an investor, a position in a market that holds its value.

The location is the point:

• Steps from the Machane Yehuda shuk, its cafes and restaurants

• Minutes on foot to the city center, Jaffa Road, and the light rail

• Shuls of every tradition within a short walk, in a neighbourhood famous for them

• Private parking, in a neighbourhood where parking is the hardest currency

• Two storage rooms (10.45 and 10.75 sqm)

• Newly built, with a mamak (floor mamak (floor safe room)) and a Shabbat elevator

Price: 3,450,000 NIS

To arrange a viewing, contact Meir Robenstein: +972-58-797-6198 / meir@gabairealestate.com.

Images rendered with the help of AI.