2 750 000 €
2 750 000 €
If you are looking for an investment property that offers optimal risk diversification due to the number of residential units, is in very good and well-maintained condition, and most importantly, located in a good location - then our offer is right for you.
The property for sale consists of two residential apartment buildings and one two-storey garage building located on a plot of land with a total area of 810 m2.
Year of construction 1985
Heating - diesel
The first building consists of 12 apartments + commercial premises. Total area approx. 830 sq.m
The second building has 7 apartments. The total area is about 420 sq.m.
The owners themselves occupy three apartments. The artist's studio is located above the garages.
In the courtyard there is a small wing used as a storage room with a large terrace for general use on the roof.
Rental income, excluding the premises occupied by the owner, is
about 80,000,- euros, taking into account the premises occupied by the owners of 100,000,- euros per year.
Due to the location, a rent of 11,- - 14,- euros per square meter would be easily realized today, so the annual rent is approx. 170,000 per year can be easily achieved.
In addition, you can sell apartments separately.
The average selling price per square meter is currently about 4270 euros for houses built around 1900 in this area of Leipzig. .
The area/price of this very interesting object is 2199,- euro.