Aparment building, Dusseldorf, Germany

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Aparment building, Dusseldorf, Germany

1,750,000 €
2,187 € /m²
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  • Total area
    800 m²
  • Yield
    5.1%
  • Built in 
    1950
Details
Property parameters
  • Land area: 412 m²
  • Total apartments: 10
  • 5-floor building
Financial performance
  • Annual income: 89,500 €
Property status
  • Most recent total renovation: 2014
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT

Five-storey residential house with commercial premises.

Description

Total area of the building is 800 m²

The house comprised of 10 apartments and 2 commercial units.

Living area — 593 m²

Commercial area — 207 m²

The house provided with basement. Building was renovated in 2014.

Financial performance

Absolute annual income is 89,500 €.

The current yield of 5.1%.

Tenants

The tenants of commercial premises are restaurant and shop.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 6.5%.

The broker's fee of 6%.

Location

House situated on the shopping street, in the central area of the city. There are main railway station and public transport stops in close proximity from the property.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Düsseldorf.

All ads in the country: apartment buildings for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
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