Apartment house in Gelsenkirchen

€ 385,000

Description

Profitable house in Gelsenkirchen

Currently, fully rented by social services to accommodate refugees, but not settled and is empty. The contract with the city until 14.03.2019 and the city is renting a lease. In this regard, the new owner can occupy the house with new tenants and at a higher price than the city pays, thereby increasing the annual income.

Area 481,80 m2
Plot of land 330,00 m2
Commerce 0
Garages 4
Apartments 8
Year / Repair 1954/2014
Income current 29.760,00 €
Income possible 32.472,00 €
Price 385.000,00 €
Commission 5.95% inc. VAT
Profitability of 7.7% - 8.4%


Property details

Floor
4
Type of location
City center
Number of premises
8
Currently functioning
1
Type of parking
Garage
Rental income
29760
Ownership type
Proprietary
Payback period
8
Last renovation
2014
Year of construction
1954

Location

Gelsenkirchen

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