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Apartment house with commercial premises in Monchengladbach

960,000 €
1,771 € /m²
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  • Total area
    542 m²
  • Yield
    8.5%
  • Built in 
    1950
Details
Property parameters
  • Land area: 439 m²
  • Total apartments: 5
Financial performance
  • Annual income: 82,000 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.0% + VAT

It is a mixed use apartment house investment.

Description

The building with total area of 542 m² was constructed in 1950.

The plot of 439 m².

The house accomodates 5 apartments and 2 commercial premises which are occupied by stores. All premises have gas heating.

The property is in good overall condition and fully leased out.

Financial performance

Absolute income is 82,000 €.

The current yield of 8,5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3%.

More properties

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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