Apartment house in Essen

€ 485,000

Description

Apartment building in Essen
(fully rented, good profitability)
Property type: Multi-apartment residential building with 7 apartments
Year of construction: 1953
Construction: Solid construction / concrete slabs
Condition: Normal
Living area: 370 sq.m.
Windows: Plastic double-glazed windows
Heating: Gas central
Rented: 100%

Current income: 28.311, - €
Income (from 01.01.2021): 31.000, - €
Actual profitability: 5.8%
Profitability (from 01.01.2021): 6.4%
Price: 485.000, - €
Brokerage commission: 5.95% (incl.VAT) payable by the buyer


Location

The object is located in Essen, Fronhausen district. The property is located in the center of the district. Daily necessities such as shops, banks, schools, shopping markets, public transport links are within walking distance.

Distance to the central railway station 3 km
Distance to the autobahn 1.5 km


Property details

Floor
5
Number of premises
7
Currently functioning
1
Type of parking
Open
Rental income
31000
Ownership type
Proprietary
Payback period
6.4
Year of construction
1953

Location

Essen

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