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690 000 €

Commercial apartment building in Hagen, Germany, 690 m²
  • Commercial apartment building in Hagen, Germany, 690 m² - picture 1
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  • Commercial apartment building in Hagen, Germany, 690 m² - picture 1
  • Commercial apartment building in Hagen, Germany, 690 m² - picture 2
  • Commercial apartment building in Hagen, Germany, 690 m² - picture 3
  • Commercial apartment building in Hagen, Germany, 690 m² - picture 4
  • Commercial apartment building in Hagen, Germany, 690 m² - picture 5
  • Property ID on Prian.info: 3890868
    Property ID on company's website: 15619
    Last update: 02.09.2024
    Number of views: 1421

690 000 €

Commercial apartment building in Hagen, Germany, 690 m²

690 sq.m 6.56% per year
Online Viewing Remote Transaction

  • Property ID on Prian.info: 3890868
    Property ID on company's website: 15619
    Last update: 02.09.2024
    Number of views: 1421

Specifications

Sale price 690 000 €
Price per square meter 1 000 €
Floor area 690 m²
Construction phase Resale
Date of construction 1953/1985/2014
Number of storeys 5
Parking 10 places
Address Germany, Hagen
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 6.56 %

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

Annual income 45 288 €

Annual rental revenue, excluding operating expenses


Description

Apartment house for sale in Hagen.

The house is well maintained and located in the very center of the city.

The house has 10 apartments + 1 apartment in an annex, as well as 10 garages.

Everything is rented out profitably.

Annual income: 45,288 euros (6.56%)
The house was built in 1953, renovated in 1985 and in 2014
The city's railway station is especially conveniently located nearby, which provides excellent high-speed connections with comfortable trains to Dusseldorf and Cologne.
Shops, schools, pharmacies, cafes and restaurants are all nearby.

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


Contact seller

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Representative

Maxim
personal manager
Languages: english, german
Show phone number



Seller
Maxim personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller