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Apartment house with commercial premises in Monchengladbach with a 8,5% yield

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Total area: 542 m² Yield: 8.5%
  • Land area: 439 m²
  • Built in 1950
  • Total rooms: 5

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 3,57%.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Mönchengladbach
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    • Bank financing from 1.5% annually
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