An apartment building with a garden in Solingen.
Description
A 3-storey building with 2 terraces on the ground floor.
The apartment building includes:
- 6 apartments (2-bedroom)
- 2 garages
- 1 parking place
- laundry/ dryer (in the basement)
The bathrooms (with windows) were renovated in 1999–2015.
The electrics and floors were updated (in some apartments) in 2007.
The heating system was updated in 1999–2017.
Equipment
- gas floor heating (oil)
- hot water supply (through the heating system)
- wooden/ plastic windows (partly with blinds)
- warm ceiling (in the basement)
- warm western gable
The absolute annual income is 29,136 €.
The current yield is 6,5%.
The building is fully rented.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
Brokerage fee is 6% + VAT 19% (total 7,14%).
The apartment building is located in a residential area of the city of Solingen (North Rhine-Westphalia state).
You can quickly reach the city center by car or public transport.
Convenience stores are within a walking distance of the building.
The population of the city is more than 160,000 people.
Solingen is a part of the Rhine-Ruhr region, the most populous conurbation of Germany.
Solingen is known worldwide as a manufacturer of high-quality blades, knives and other cutting tools. In 2012 the city received the official name ”Solingen — City of Blades“.
The attractions of the city are: the medieval castle Burg (the former residence of the rulers of the Bergish country) and the highest in Germany the Müngsten railway bridge (107 meters).
