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Apartment house in Lepzig

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Total area: 571 m² Yield: 5.0% Built in 1905
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Features
  • Absolute return: 35,177 €
  • Land area: 1,421 m²
  • 3-floor building
  • Percentage of the rented area: 87%
  • Number of parking lots: 8
  • Most recent total renovation: 2000

There is an apartment house in Leipzig.

571 m² of residential and commercial space ion 1,421 m² area.

The commission for the buyer is 7,14%.

Description

The three-storey house has benn built in 1905 and completely renovated in 2000.

It has has two apartments with a total area of 157 m² and 3 commercial units. All the space is rented, with the exception of 1 unit.

The building has an elevator and parking for 8 spaces.

Warm and hot water supplied via central gas heating.

Yield

Absolute income is 35,177 €.

Projected income (fully rented) is 42,107 €.

The current yield of 4,9%.

The projected yield of 5,8%.

Location

Leipzig is located in Saxony and it is the administrative, cultural, transport and commercial center of the south-eastern Germany.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Leipzig elsewhere on our website.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services