Gröpelingen | Attention small investors! Charming investment property for a factor of 15.8!

Information

Selling Price & Extra Costs

About this dream house

Property Description

This well-maintained, WEG-partitioned apartment building from 1930, which, after being rebuilt in 1956, now impresses in its current substance, presents itself as a fundamentally solid and high-yield investment opportunity for forward-looking capital investors. The property has a full basement and comprises a total of three residential units, of which the ground floor and the attic are reliably rented, while the unit on the first floor offers excellent potential for immediate re-letting or upgrading. The apartment structure is divided into the rented ground-floor apartment with around 49.50 square meters of living space and a current net cold rent of 550.00 euros under an index-linked rent agreement, the currently vacant apartment on the first floor with approximately 53 square meters (last net cold rent 471.50 euros), as well as the attic, also let under an index-linked rent agreement, with around 42 square meters and a current net cold rent of 484.00 euros. The current actual rent thus amounts to 1,234.00 euros per month or 14,808.00 euros per year, whereby an attractive target rental potential can be realized after re-letting the first floor. Technical features such as heating via separate individual boilers for maximum independence of the parties, an already insulated facade, a mix of wood and plastic glazing, as well as two-core electrical wiring in the attic and three-core wiring in the other areas, provide a solid basis for future management or optimization measures in a sought-after Bremen market segment.

Location