Residential house with office units.
Description
Total area is 1,420 m²
Builidng comprised of 18 premises, 13 of them are residential furnished apartments and 5 are commercial premises.
Absolute income is 220,000 €.
The current yield of 4.5%.
The lease agreement with tenants of commercial units is signed for 4 years.
Notary fee of 1,5%.
RE purchase tax of 5%.
The broker's fee of 6%.
Commercial apartmetnt building in city of Mannheim on the north-west of the stae of Baden-Württemberg.