| Type | Block of flats |
|---|---|
| Living area approx. | 777 m² |
| Bedrooms | 15 |
| Rooms | 30 |
|---|---|
| Bathrooms | 15 |
| Plot area | 2027 m² |
|---|
| Purchase price | 750.000 € |
|---|---|
| Price per m² | 965.25 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072462
This property ensemble comprises three apartment buildings with a total of 15 apartments and a total living area of approx. 777 m². For investors, this offers the opportunity to invest in an established existing property with ongoing rental income and development potential at the same time.
Built in 1958, the buildings have a solid structure and provide a good basis for long-term and sustainable letting. Currently, 14 of the 15 apartments are rented, while one apartment is vacant. The resulting vacancy rate of around 7% offers the future owner concrete potential to optimize the income situation. Through market-based reletting, the vacancy can be reduced and ongoing rental income can subsequently be increased further.
The current annual net cold rent amounts to approx. €58,478. In particular, the currently vacant apartment offers the opportunity to generate additional rental income and further improve the profitability of the property. The ensemble is therefore suitable both for investors seeking stable ongoing cash flows and for investors wishing to specifically utilize existing rent increase and development potential.
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