| Selling Price | 645.000 € |
|---|---|
| Courtage | 4,76% |
Property number: 1218 - 8 percent rental yield ? 2 apartment buildings in Hof
These 2 charming apartment buildings form a great unit and are under ensemble protection. Originally built around 1824, the property is now in a well-kept and fully rented overall condition. The location in the redevelopment area offers additional advantages. HOUSE A has approx. 283 m² of living space and a long-let store unit with an additional approx. 169 m² on the first floor. The 4 rented residential units are located on the two upper floors. HOUSE B has a total living space of approx. 218 m². There are also 4 rented residential units here. A further, approx. 80 m², 2-room apartment is located in the annex. This makes a total of 9 residential units, a store unit and 2 garages available. The current net rental income for the total rental area of approx. 750 m² and the garages amounts to approx. 53,000 euros p.a.. We therefore believe that this is a very good purchase opportunity for investors. Especially because the yield of well over 8 percent is very good and the two properties are located in the inner-city redevelopment area and therefore enjoy all the resulting advantages. The houses are heated with gas-fired floor heating systems. An energy performance certificate is not required due to the listed status of the ensemble.
Further information is available on request.
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