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640 000 €

Commercial apartment building in Duisburg, Germany, 507 sq.m
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 1
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  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 1
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 2
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 3
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 4
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 5
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 6
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 7
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 8
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 9
  • Commercial apartment building in Duisburg, Germany, 507 sq.m - picture 10
  • Property ID on Prian.info: 3842751
    Property ID on company's website: 16506
    Last update: 07.11.2023
    Number of views: 1940

640 000 €

Commercial apartment building in Duisburg, Germany, 507 sq.m

507 sq.m 5.62% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3842751
    Property ID on company's website: 16506
    Last update: 07.11.2023
    Number of views: 1940

Specifications

Sale price 640 000 €
Price per square meter 1 262.33 €
Floor area 507 sq.m
Construction phase Resale
Date of construction 1959/2019
Number of storeys 3
Address Germany, Duisburg
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 5.62 %

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

Annual income 36 000 €

Annual rental revenue, excluding operating expenses


Description

Selling an apartment house in Duisburg.

It was built in 1959 and completely renovated in 2019.

It will not need any repairs in the coming years.

There are 8 apartments in the house.

Updated:
- facades
- new windows
- new pipes
- new heating
A good prospect of raising the rent when the owner changes!
Condition: very well maintained.
Plot size: 333 sq. m
Living area: 507 sq. m.
Stairs and floors: concrete
Roof: Gable
Windows: plastic double-glazed windows (replaced in 2019)
Heating: gas central heating (2019)
Fully leased
Current rent: 36.000,00 EUR p. a. (net)
Possible rent: 42.588,00 EUR p. a. (after the change of the owner of the house - the rent can be raised)
The commission for the buyer is + 5.95% 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