The two-storey apartment building with a basement.
The property was built in 1957 and renovated in 2013.
The building includes 15 residential premises.
4 apartments are vacant.
There is a parking for 14 cars in the territory of the house.
Energy Performance Certificate:
- energy performance certificate type: Consumption
- main energy sources: gas
- consumption value: 170,70 kWh/m²a
- valid until: 02.12.2018
Absolute annual income is 46,680 €.
The current yield of 5.9%.
Financial performance on the condition that all units are leased out:
Projected annual income is 63,300 €.
Projected yield of 8.0%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 5.0%.
Brokerage fee is 5.95%.
The property is located in the residential area of the city with a population about 80,000, in the federal state of Lower Saxony. A bus stop, a park, a supermarket and restaurants are situated not far from the building.