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Apartment house with commercial premise in Monchengladbach with a 7,6% yield

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Total area: 976 m² Yield: 7.6%
  • Land area: 1,032 m²
  • Built in 1965
  • 4-floor building
  • Total rooms: 14

It is a mixed use apartment house investment.

Description

The building with total area of 976 m² was constructed in 1965.

The plot of 1,032 m².

The house accomodates 14 apartments and single commercial premise which is occupied by store. All premises have diesel heating.

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

Financial performance

Absolute income is 72,000 €.

The current yield of 7,6%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3,57%.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Mönchengladbach
+44 20 3608 1267
Free advice on real estate in Mönchengladbach
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