| Selling Price | 260.000 € |
|---|---|
| Courtage | no courtage for buyers |
Attention investors: This large 3-party apartment building in the extremely popular Bad Pyrmont/Thal is looking for a new owner. The residential complex, which extends over approx. 312m² of living space in 15 rooms, is in a partially renovated condition - the first floor and upper floor apartments are in need of renovation. The property is located on a 450m² plot of land.
The units are divided as follows:
- Apartment 1, first floor, 118,23m², 5,5ZKB, not rented
- Apartment 2, upper floor, 115,74m², 5,5ZKB, not rented
- Apartment 3, top floor, 78,27m², 4sqm, rented
The property currently generates a monthly basic rent of approx. €1,600.00 or approx. €19,200.00 per year. If the property is fully let or the current rents are adjusted according to the rent index (approx. €5.50/m²), you can expect a monthly rent of at least €1,765.50. This results in an annual rental income of €21,186.00 and a (gross) factor of 12.98 or a (gross) yield of 7.70%.
Use these figures to your advantage!
All residential complexes and the house itself are in a well-maintained condition throughout. All electrical and water pipes were modernized by approx. 2020. The living areas on the first floor and second floor are unrenovated, while the top floor is in a renovated, well-kept condition.
The oil central heating is from 2002 and has been constantly maintained.
The oil tanks will be filled shortly.
The attic is insulated and in good overall condition. Your tenants have the possibility to store their household goods in the basement.
Directly in front of the house there are approx. three outdoor parking spaces for vehicles, one for each unit.
All residential units are already divided into condominiums; it is possible to purchase individual apartments. Please feel free to send us an inquiry.
We look forward to hearing from you!