| Selling Price | 1.050.000 € |
|---|---|
| Courtage | 3,57% (3,57% vom Kaufpreis (inkl. MwSt.)) |
The property with 8 residential units (7 rented) is located near the city center not far from Merseburg Cathedral. To be more precise, there are two MFHs built next to each other.
The annual rent for the 7 apartments is 51,408.00 euros. The family discount of 1,400 euros is already included. The 66 square meter expansion reserve could increase the current yield (gross) of 4.90 %.
The exact address will be provided on request.
The two semi-detached houses practically belong together and were completed together with 8 WEs in 2021, except for one DG. This means that some trades are still under warranty. All apartments are furnished to a high standard and have a large balcony.
The property has a landscaped, quiet, fenced-in courtyard. An attic apartment can still be converted. The careful selection of tenants has also contributed to the great development of the property itself and the tenant community.
The yield can be further increased by extending the attic apartment. The gross yield is currently almost 5 % of the net cold rent.
The property was partially renovated between 1995 and 2000. Based on a refurbishment contract with the city of Merseburg, an extensive refurbishment was then carried out, including the electrical wiring, plumbing and heating installations in all apartments. All bathrooms, floors, windows, walls, doors, balconies, etc. are up to date from 2021. The cellars were enlarged in their walking height and a new floor was installed. The outdoor facilities at the rear have been renovated, the facade has been renewed, the heating systems have been converted to condensing boiler technology with gas floor heating and are thus operated by the tenants themselves. The type of heating installation means that the individual apartments are easy to let, as each tenant can take care of their own heating and supply contract. The aforementioned work was completed between 2020 and 2021, and all tenants have accepted a minimum rental period of 4 years. One ground floor was initially let at a lower rent within the family, which can easily be increased in addition to the increase calculated in the income statement - before sale.
The energy certificate is currently being completed and will of course be submitted at a later date.