| Type | Block of flats |
|---|---|
| Living area approx. | 246 m² |
| Bedrooms | 5 |
| Rooms | 10 |
|---|---|
| Bathrooms | 5 |
| Plot area | 657 m² |
|---|---|
| Usable floor area | 40 m² |
| Purchase price | 480.000 € |
|---|---|
| Price per m² | 1,947.50 €/m² |
| Commission | 6% (6,00 % inkl. MwSt.) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsOffered is a multi-family house built in 1905, some of whose units have already been occupied for many years, with a large shared garden in Erfurt’s Daberstedt district. The building is currently divided into 5 residential units in total. 2 move-in-ready apartments have just been freshly painted white for you and intentionally left unoccupied, so that you can either use one yourself or immediately rent out these units again according to your wishes. In principle, commercial conversion would also be conceivable in this part of the city.
The house is centrally located on Weimarische Straße (a parallel residential street), not far from Erfurt train station.
The well-maintained garden is shared by the residents of the house. The railway grounds are located directly behind the garden—so the house is perfect for all railway enthusiasts.
The residential building is very well maintained overall; the level of modernization in the living areas varies depending on the length of the tenancy.
The lettable living area is 246 m² (262 according to the rental agreements). The 657 m² plot is well maintained and, in addition to the residential building, includes a courtyard, 2 parking spaces and a shared garden.
Following rent increases (only partially accepted), the current rental income is €1,517.88 / net cold rent per month. The two modernized residential units that have intentionally not yet been rented out could be re-let promptly at €10.00/m² of living area in line with the Erfurt rent index, rent cap and rental market, generating additional rental income of €750.00 / net cold rent per month—equivalent to a total monthly net cold rent of €2,267.88 = annual net cold rent of €27,214.56/year.
The property is offered for a purchase price of €480,000.00.
This corresponds to a price per square metre of €1,947.50/m².
A brokerage fee for proof of opportunity in the amount of 6% (incl. 19% VAT) of the final purchase price is payable by the buyer upon conclusion of the purchase agreement
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228.999 € Your own house, your new home right in the city!99099 Erfurt
228.999 € Your own house, your new home right in the city!99099 Erfurt
890.000 € LUKRATIVES RENDITEOBJEKT MIT POTENZIAL IN GUTER CITYLAGE99086 Erfurt
