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449 000 €

Commercial apartment building in Essen, Germany, 257 sq.m
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 1
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  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 1
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 2
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 3
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 4
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 5
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 6
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 7
  • Commercial apartment building in Essen, Germany, 257 sq.m - picture 8
  • Property ID on Prian.info: 3686262
    Property ID on company's website: 17512
    Last update: 10.01.2023
    Number of views: 3294

449 000 €

Commercial apartment building in Essen, Germany, 257 sq.m

257 sq.m 4.78% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3686262
    Property ID on company's website: 17512
    Last update: 10.01.2023
    Number of views: 3294

Specifications

Sale price 449 000 €
Price per square meter 1 747.08 €
Floor area 257 sq.m
Construction phase Resale
Date of construction 1962/2021
Number of storeys 4
Address Germany, Essen
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 4.78 %

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

Annual income 21 460 €

Annual rental revenue, excluding operating expenses


Description

An apartment house in Germany is offered for sale
The house area is 257 m2
The land area is 242 m2.
Behind the house there is a very beautiful, spacious terrace with a well-kept garden adjacent to it.
The house is heated by a new gas central heating system.
Since 2004, the entire house has been leased to Heimstatt Engelbert, the social welfare service for youth and the disabled.
Currently, young people aged 16 to 27 live there, who are being prepared for independent life by competent teachers.
The net annual rent is currently 21,456 euros. The furniture is of good quality, in all bathrooms, laminate or tile flooring.

The roof was recently insulated and closed - in 2021.
An interesting and profitable investment for rent in the beautiful Borbeck district, in Essen.
The commission of the broker of the seller +4.76% of the value of the object.
Support for the transaction consulting +3.57% of the value of the object.
Details on request.


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