This is where investors get their money's worth: This attractive apartment building with 7 residential units offers an excellent factor of 13.8 and a yield of 7.26% The total of 509 m² of living space is spread over seven apartments, including cozy two- and three-room apartments. Three of the apartments have balconies that invite you to relax. The property has a complete basement and offers additional storage space. An attractively designed green area with barbecue area creates an inviting place for sociable evenings outdoors. The tenants are harmonious and ensure a stable tenant structure The apartment sizes in detail are: ground floor 88 m² and 35 m², upper floor 88 m² and 60 m², upper floor 88 m² and 60 m² and upper floor 90 m². The annual actual rental income amounts to EUR 32,341.20 cold The property was extensively renovated between 1990 and 1996. The electricity and plumbing lines have been renewed, the power lines are three-phase, and the Vaillant heating system dates from 2009. The staircase is tiled, while the doors, bathrooms and windows date from 1990. Some of the ceilings were suspended. The house presents itself in an age-appropriate condition. For the future, the installation of RCD fuses and a new coat of façade painting are planned. The south-facing green area offers space for relaxation and benefits from an excellent infrastructure in a central location in Hochfeld, only about 3 km from the city centre The data for the energy certificate are: energy characteristic value 171.6 kWh/m²*a, energy efficiency class F, building type multi-family house, year of construction 1923, Vaillant plant technology built in 2009, certificate type consumption certificate and energy source district heating. Do not hesitate to contact me to arrange a viewing. I look forward to your call!
