This listing has expired.

Contact a manager at Tranio.com, and we will find you a suitable Apartment building or property from among our 100,000 offers across 54 countries around the globe

Apartment house in Mainz

Submit request
Total area: 370 m² Yield: 5.8% Built in 1958
  • Absolute return: 37,500 €
  • Land area: 400 m²
  • 3-floor building
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 6

It is a house in a quiet area in the suburbs of Mainz, Rhineland-Palatinate.

Description

The three-storey building with a total area of 370 m² was constructed in 1958.

The plot of 400 m².

The house has 6 apartments, 4 on the ground floor, 2 apartments on the first and second floors. The apartments have balconies/terraces. The building has central gas heating. There is a garden.

Object in good condition, only cosmetic work may be needed.

All apartments are leased out.

Financial performance

Absolute income is 37,500€.

The current yield of 5,8%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Similar listings

We are looking for similar listings

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Mainz
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services