| Selling Price | 195.000 € |
|---|---|
| Courtage | 3,57% |
This fully let apartment building is for sale in the tranquil village of Culitzsch. The property has 332 m² of living space spread over 5 apartments. The first floor and second floor are identical in layout and each have a 33 m² 1-room apartment and a 65 m² 3-room apartment. The maisonette occupied by the current owner is 130 m² in size and is located on the 2nd floor and top floor.
The entire house was extensively renovated in 1997, including the plumbing, roof (artificial slate), electrics, heating and double-glazed wooden windows. Heating is provided by an oil-fired central heating system. The apartments have also been kept up to modern standards. The apartments therefore have the following renovation/refurbishment status:
Ground floor left - living room renovated in 2015, bathroom in 1997
Ground floor right - living space renovated in 2022, bathroom 1997
1st floor left - living space 2015, bathroom 1997
1st floor right - living space & bathroom renovated in 2023
2nd floor/ground floor - living space & bathroom renovated in 2020
The apartments have a connection that allows the retrofitting of a fireplace/stove. All bathrooms have windows.
In 2015, the house was drained, a cut with barrier layer was installed in the basement and a drainage system was laid around the house. There are 7 outdoor parking spaces at the house which are used by the tenants. In the spacious basement, each residential unit is assigned a cellar compartment, there is a laundry room and a communal compartment.
Actual rent p.a.: 18.906,60€
CP factor: 10.31
Yield: 9.7%
TARGET rent p.a.: 20.520€
TARGET CP factor: 9.5
TARGET yield: 10.53%
A list of tenants, detailed photos and further documents are available on request.