All 5 photos

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 Essen

Send a request
Total area: 360 m² Yield: 8.7% Built in 1948
Send a request
Features
  • Absolute return: 22,980 €
  • Land area: 625 m²
  • 4-floor building
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 7.1%
  • Total rooms: 7

It is a four-storey apartment house in Essen, North Rhine-Westphalia.

Description

The building with a basement and an attic, total area of 360 m² was constructed in 1948.

The plot of 625 m².

There are seven apartments in total, six of them are two-bedroom and one is three-bedroom situated on the mezzanine.

Each apartment has its own kitchen, loggia, separate bathroom and WC. Living room flooring is laminate, bathrooms flooring is tile.

The building has been completely renovated and now is in good overall condition. Central gas heating. A-class energy saving, annual power consumption rate of 95 kWh/m².

All apartments are leased out.

Financial performance

Absolute income is 22,980 €.

The current yield of 8,7%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 7,14%.

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Germany.

You can see more apartment buildings for sale in Essen elsewhere on our website.

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services