Commercial apartment building in Kassel, Germany, 365 sq.m

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.