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Apartment house in Monchengladbach

2,390,000 €
1,512 € /m²
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  • Total area
    1,580 m²
  • Yield
    5.9%
  • Built in 
    1975
Details
Property parameters
  • Land area: 1,409 m²
Financial performance
  • Annual income: 141,624 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2014
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.0% + VAT

It is a multy-family house investment.

Description

The building with total area of 1,580 m² was constructed in 1975.

The plot of 1,409 m².

The house accomodates 39 apartments with diesel heating.

The property is in good overall condition (last renovation took place in 2014) and fully leased out.

Financial performance

Absolute income is 141,624 €.

The current yield of 5,9%.

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,
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