| Type | Block of flats |
|---|---|
| Living area approx. | 180 m² |
| Bedrooms | 3 |
| Rooms | 6 |
|---|---|
| Bathrooms | 3 |
| Usable floor area | 20 m² |
|---|
| Purchase price | 325.000 € |
|---|---|
| Price per m² | 1,805.56 €/m² |
| Commission | 3,57% (3,57 % inkl. 19 % MwSt. des beurkundeten Kaufpreises) |
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No purchase price has been set for the property; the stated price represents the minimum bid.
A three-family house is offered for sale. The house is located on a property divided under the German Condominium Act (WEG) with another house, which is situated at the rear of the property.
The sale exclusively concerns the front house with three rented residential units. Rental income amounts to annual net rent of €19,920, corresponding to €1,660 net cold rent per month. This means the property offers existing and predictable income without any initial rental effort. In addition, the rents have potential for increases.
The basic structure of the building (basement and parts of the ground floor) is estimated to date from 1920, according to the details in the declaration of division.
In 1979, the building was expanded by adding another floor and an extension, creating two additional residential units.
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