Apartment house in Gelsenkirchen

€ 1,375,000

Description

Property type: residential building with commercial premises
Year of construction: 1987
Construction: solid construction
Condition: good
Living area: 602 sq.m
Commercial area: 228 sq. m.
Land plot: 300 sq. m.
Windows: Plastic double-glazed windows
Heating: Electric radiators
Parking spaces: 13


Annual income possible: 94.500, - €
Profitability: 6.9%
Price: 1.375.000, - €
Brokerage commission: 4.76% (incl.VAT) payable by the buyer


Location
The object is located in Gelsenkirchen, Altstadt district. The property is located in the city center. Daily necessities such as shops, banks, schools, shopping markets, public transport links are within walking distance.

Distance to the central railway station 10 m
Distance to the autobahn 750 m



The proposed property is currently in the use of the seller's relatives. Before selling the house, the seller undertakes to enter into new lease agreements with tenants (see the table below).

* In addition, the house has 13 parking spaces. Thus, when renting them out, you can increase the annual income. The minimum rent for one parking space costs at least 30 Euros per month, which is 4.680 Euros per year and the total income can be 96.096 EUR p. a. (net)


Property details

Floor
4
Number of premises
5
Currently functioning
1
Rental income
94500
Ownership type
Proprietary
Payback period
6.9
Year of construction
1987

Location

Gelsenkirchen

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