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The residential complex is located in Kremferforstadt and is part of the so-called "Hanseviertel" in the eastern city district of Erfurt-Mitte.
This is a habitat that grew up in the 1930s. This area is characterized by residential buildings of municipal housing construction of the 1920s - 1930s, about 5,500 people live here.
Hanseviertel has a very good infrastructure with all the amenities for everyday needs. The city center can be reached in about 15 minutes. The city bus and tram also provide a good connection and guarantee a good rental.
Short description
Investment real estate
4 Mehfamilienhäuser with 49 apartments
Objekt
These four apartment buildings belong to a beautiful residential complex in Hanseviertel and have a total of 49 apartments and 6 underground parking lots.
The entire residential complex was built in 1930 and renovated in 1996.
It offers spacious green areas with playgrounds and laundries, as well as several parking spaces for public use.
The apartments consist of one-4-room apartments with different sizes and floor plans.
The various apartments have for the most part a loggia and beautiful large kitchens, as well as bright, spacious rooms.
Bathrooms equipped with a bathtub, toilet, sink and washing machine have natural light. A room in the basement is available for each apartment
Actual rental income per month: 18,769.00 EUR
Keywords located in the area
Condition: well-groomed
Garden
6 Parking spaces: Tiled floor, laminate
Energy source
Central heating
Total return: above 11% per year
Payback period: about 10 years
The cost of the management company: 24 euros for each apartment per month
Potential to increase profitability: + 5 %
If you are interested in this and other objects offered for review by us, you can leave us a request. The staff of CM REAL ESTATE will contact you in the near future and will provide you with the objects and all the information relevant to your request.
All additional information on off market objects is available on request.
