650 000 €
650 000 €
Sale price | 650 000 € |
Price per square meter | 1 780.82 € |
Floor area | 365 sq.m |
Construction phase | Resale |
Date of construction | 1973/2023 |
Address | Germany, Kassel |
Location | within the city |
Profitability | |
---|---|
Annual return | 8.8 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
Annual income | 52 800 € |
Annual rental revenue, excluding operating expenses |
Apartment house for sale in 34314 Espenau (15 minutes from the University of Kassel).
Land area - 311 m2,
The living area of the house is about 365 m2.
There is a courtyard.
The building consists of 3 floors:
- on the 1st floor (EG) there is a one-bedroom apartment of about 59 m2, a studio apartment of about 37 m2 and a studio of about 22 m2 (all prepared for rent).
- on the 2nd floor (OG) there is a one-bedroom apartment of about 55 m2, a studio apartment of about 32 m2, and a studio of about 31 m2 (all prepared for rent).
- on the 3rd floor (DG) there are 2 one-and-a-half-room (duplex) apartments, with a total area of about 105 m2.
A total of 8 apartments.
Works completed:
- The roof is blocked, including the improvement and partial replacement of the rafter system;
- New water supply and sewerage system (pipes, installations, sanitary ware, etc.);
- Completely new electrics (a completely new shield with a separate meter for each apartment, basic (introductory) meters, electrical appliances) installed in 2022-2023;
- Completely new infrared (economical) radiators with thermoregulators;
- The interstory ceilings have been replaced, additional sound and thermal insulation has been made;
- Completely new renovation in all apartments (floor, walls, ceiling, tiles, plumbing, doors, floor coverings, etc.);
- New IKEA kitchens in all apartments;
In the coming month, work begins on the renovation of the attic floor.
Possible income after renting 52,800 euros per year
Commission for the buyer +4.76% of the cost of the object.
Details on request.