| Selling Price | 380.000 € |
|---|---|
| Courtage | 7,14% |
This is a multi-family house from 1880, which was completely renovated in 1998.
In the object are 9 apartments, distributed on 3 full floors with a size of 48sqm - 90sqm.
On the property there is a small house garden with over 1,000 sqm, which can certainly be built on after examination.
Currently, 4 apartments are vacant, but this is due to the fact that in the past year no one has taken care of it.
Rental income at a realistic 4.50 € / sqm cold rent:
IS: 15.627,84 €
SHOULD: 30.261,84 €
A renovation backlog of at least € 30,000 is to be expected.
An inspection on site is worthwhile in any case.