Six-storey house with a commercial area.
Description
Total area of the property is 465 m².
The building consists of 13 furnished apartments and a store. The store area is 85 m².
The house was built in 1968 and restored in 2016.
The cost of the property includes four garages and two parking places next to the house.
All areas are leased out.
Absolute annual income is 131,000 €.
The current yield of 7.1%.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
The broker's fee of 3%.
The apartment building is located on the main street of the southern district of the city. Neaby is the exhibition centre of Essen and Gruga Park.