Five-storey house with residential and office premises.
Description
Total area of the building is 1,417 m²
House consists of 13 apartments and 3 offices.
Residential area — 1,177 m²
Commercial area — 240 m²
Building was built in 1898. In 2010 the facade of the building was refurbished and windows were replaced, in 2011 the roof was renovated and a new central gas heating system was installed. At the moment one office unit and one apartment are under renovation.
All premises are in perfect condition. Apartments with parquet floorings and have balconies. There is a penthouse with are of 117 m² and two terraces in the building.
The building was built in 1898 and is not protected as architectural monument. It allows to carry out the design renobvation in apartments.
All premises are leased out. The indexation of rental payment is planned.
Absolute annual income is 286,352 €.
The current yield of 1.5%.
After the rental payment indexation:
Projected absolute annual income is 340,000 €.
The current yield of 1.8%
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The broker's fee of 3%.
Building is situated in the central area of the city. All community amenities are located in close proximity from the property.