Residential building.
Description
The house consists of 10 apartments.
The building was built in 1954 and renovated in 2010.
Absolute annual income is 34,420 €.
The current yield of 6.5%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 6%.
The house is situated in Essen. There are the head offices of several largest industrial concerns of Germany in the city. The ”Essen's Week of Light“ — an exhibition of antique lanterns right on the streets of the city — takes place here every year, as well as an exhibition of cars the ”Essen Motor Show“.