| Selling Price | 690.000 € |
|---|---|
| Courtage | 2,5% |
The apartment building was originally built in 1960 and offers solid construction quality and a well thought-out room concept. Over the years, the building has been extended by two significant additions, which were realized in 1992 and 2002. These extensions have not only increased the living space, but also enhanced living comfort and created additional rental opportunities.<BR /><BR />1992: This extension involved the creation of additional living space, which was designed to be modern and functional. It enables optimal use of the property and contributes to the overall attractiveness of the property.<BR /> <BR />- Extension 2002: The living space was further extended here, creating additional residential units. The design is based on modern living standards and takes both aesthetic and practical aspects into account.<BR /><BR />The property generates monthly rents totaling €3.757.00, based on the following rents:<BR /><BR />Main building:<BR /><BR />- Ground floor 2-bedroom apartment:** € 520.00<BR />- Ground floor 3-bedroom apartment:** € 750.00<BR />- 1st floor 4-bedroom apartment:** € 500.00 + parking space € 12.00<BR />- 2nd floor 2-bedroom apartment:** € 275.00<BR />- 2nd floor 2-bedroom apartment:** € 275.00. Whg:** 275,00 €<BR />- UG 1-Zi. Whg:** 300,00 €<BR />- 1-Zi. (vacant):** 300,00 €<BR />- 1-Zi. (vacant):** 300,00 €<BR /><BR />Nebenhaus:<BR /><BR />- EG 2-Zi. Whg:** 300,00 €<BR />- EG 3-Zi. Whg:** 500,00 €<BR />- Storage room (rented, demolition required):** 235,00 €<BR /><BR />After the property was acquired, extensive modernization measures were carried out to raise the standard of living and increase profitability. The total cost of the modernizations amounts to approximately €10,247.00<BR /><BR />This apartment building offers an excellent opportunity for investors interested in stable rental income. With an approved living space of **439.51 sqm** and attractive rental income of **€3,757.00** (at full occupancy), it is of interest to both investors and owner-occupiers. The modernizations carried out and the strategic extensions increase the living comfort and contribute to the increase in value of the property.<BR /><BR />For further information or a viewing appointment, please do not hesitate to contact us.