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670 000 €

Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 1
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  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 1
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 2
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 3
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 4
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 5
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 6
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 7
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 8
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 9
  • Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m - picture 10
  • Property ID on Prian.info: 3286289
    Property ID on company's website: 16803
    Last update: 12.03.2023
    Number of views: 2591

670 000 €

Commercial apartment building in Gelsenkirchen, Germany, 463 sq.m

463 sq.m 6.04% per year
Online Viewing Remote Transaction

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  • Property ID on Prian.info: 3286289
    Property ID on company's website: 16803
    Last update: 12.03.2023
    Number of views: 2591

Specifications

Sale price 670 000 €
Price per square meter 1 447.08 €
Floor area 463 sq.m
Construction phase Resale
Date of construction 1911/1965/2003/2021
Number of storeys 4
Address Germany, Gelsenkirchen, Gelzenkirhen
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 6.04 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 40 470 €

Annual rental revenue, excluding operating expenses


Description

Apartment house in the very center of Gelsenkirchen, 3 minutes from the central pedestrian street.
Apartment house for 8 apartments. In 2021, repairs were made. (cost including repairs).
Rental income is 40,470 euros/year.


Year of construction 1911/1965/2003/2021 Number of floors 1-2-3-4

Living area 463 m2
Commercial/residential units of 8 apartments.
For example - a studio apartment with an area of 36 m2 for rent at a price (KM 275 euro +125 euro NK)
= WM 400 euros (including heating)
For example, a 3-room apartment with an area of 78m2 this house is rented for (KM 550 euro +180 euro NK)
= WM 730 euros (including heating)
Annual income 40,470 € The house is conveniently located: only 300 m to the central shopping pedestrian street and 500 m from the central station!

The commission for the Buyer is + 4.76% to the cost of the object.


Contact seller

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Representative

Antonin
personal manager
Languages: english, german
Show phone number



Seller
Antonin personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller