| Selling Price | 425.000 € |
|---|---|
| Courtage | 2,975% |
For sale is a residential and commercial building in Lengenfeld/Vogtland. The conveniently located property has 801.5 m² of space, of which 320 m² fall on 2 commercial units and 481.5 m² are distributed over 8 apartments. The house was built in brick construction in 1910 and has since then received several modernizations / renovations. A general renovation was carried out in 1995 including heating, string renovation & windows (plastic double glazed). The roof was re-roofed in 1990. The apartments in the current state were created or renovated in 2001/2002. Then in 2009 the courtyard and parking areas were completely asphalted for a uniform image. The two commercial units were brought up to date and renovated in 2013. On the chimney, the top 2 meters were rebricked in 2018 as well as the top membrane of the roof was replaced with welded membrane in 2019. Most recently, the house was drained on the parking lot side with new drainage in 2020 & the entire stairwell and entryway were renovated in 2022.
The property is currently fully rented. The management is carried out by the owner himself. The property has no basement.
ACTUAL rent p.a.: 31.981,80€
CP factor: 13,29
Yield: 7,53
TARGET rent p.a.: 33.901,68€
TARGET price factor: 12,54
TARGET yield: 7,98%
A tenant list, photos of the apartments and other documents are available upon request.