Apartment building, Dusseldorf, Germany

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Apartment building, Dusseldorf, Germany

1,330,000 €
1,921 € /m²
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  • Total area
    692 m²
  • Yield
    4.5%
Details
Property parameters
  • Land area: 700 m²
  • Total apartments: 10
  • Number of parking lots: 2
  • 4-floor building
Financial performance
  • Annual income: 60,325 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2007
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT

Four-storey residential house in well-kept condition.

Description

Total area of the property is 692 m²

House includes 10 apartments with area from 30 to 98 m²

The roof was renovated in 2005, central heating sistem — in 2007, wlectrical wire system in basement — in 2013.

Financial performance

Absolute income is 60,325 €.

The current yield of 4.5%.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 6.5%.

The broker's fee of 6%.

Location

The apartment building situated in the quiet area, close to all necessary infrastructure, large park and public transport stops. The airport located within few minutes drive. The travel time from the city center by tramway is 15 minutes.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in Düsseldorf.

All ads in the country: apartment buildings for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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