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350 000 €

Commercial apartment building in Gelsenkirchen, Germany, 320 sq.m
  • Commercial apartment building in Gelsenkirchen, Germany, 320 sq.m - picture 1
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  • Commercial apartment building in Gelsenkirchen, Germany, 320 sq.m - picture 1
  • Property ID on Prian.info: 3727346
    Property ID on company's website: 17573
    Last update: 21.03.2023
    Number of views: 2777

350 000 €

Commercial apartment building in Gelsenkirchen, Germany, 320 sq.m

320 sq.m 6.85% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3727346
    Property ID on company's website: 17573
    Last update: 21.03.2023
    Number of views: 2777

Specifications

Sale price 350 000 €
Price per square meter 1 093.75 €
Floor area 320 sq.m
Construction phase Resale
Date of construction 1970/2016/2018
Number of storeys 4
Parking 3 places

Additional services

  • Property management company
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 6.85 %

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

Annual income 24 000 €

Annual rental revenue, excluding operating expenses


Description

Apartment house for sale in Gelsenkirchen

Year of construction 1970
Living area 252.90 m2
Usable area 67.65 m2
Land 116,00 m2
Garages 3
Description of the propertyThe house was built in 1970 as a house for 6 families.

In 2016, the house was completely rebuilt.
The apartments on the same level were combined. A spacious 6.5-room apartment connected to the attic was created on the 3rd floor. A complete renovation of the house was carried out this year.
The roof, pipes, heating, bathrooms, upper floors, etc. have been updated.
The exterior has also been changed and upgraded.
On the ground floor there are 3 garages and two additional utility rooms.
All apartments are well renovated and neatly equipped in accordance with modern standards.
Distribution:Ground floor: about 68 m2 of usable area with 3 garages, cold rental 150,00€.

2nd upper floor : 2 apartments with an area of about 48 m2, one of which is for rent
3rd floor: the apartments are combined and completely renovated.
Upper floor: the apartments are also combined on the same level and completely renovated.
The house has a basement and a converted attic.
Roof with dormer windows.
Plastic windows with double glazing.
Oil heating.
Bathrooms with shower. 4 balconies.
All apartments can be accessed from the corridor.
EquipmentComplete reconstruction and modernization since 2016

Below you will find an overview of the repairs carried out:
The attic was insulated
Staircase repair
new electrical wiring,
new interior doors in the design of platbands
new floor
parquet/tile
bathroom renovation
new plumbing equipment
new water supply and sewerage system
The commission for the Buyer is +7.14% to the cost of the object.
Details on request.


Contact seller

Message sent

Representative

Antonin
personal manager
Languages: english, german
Show phone number



Seller
Antonin personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller