Apartment house in city Gelsenkirchen
647.00 sq.m., 14 bedrooms

€ 480 000

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Germany. Gelsenkirchen. Apartment house with commercial premises.
Apartment house in Gelsenkirchen commercial premises.
Residential building with 2 commercial premises was built in 1903. The total area of 647 m2, divided into: 526 m2 covered area and commercial (utility) area of 121 m2. The house has 7 housing units (apartments), of which currently all are rented. In addition there are two commercial premises. One of the premises today, not rented,since the old tenant moved out recently, but the owner agrees to rent it in the near future. In addition, there are two warehouses in the yard, as well as external advertising on the facade of the house. One of the two warehouses in the yard is currently empty. The heating gas.
Area of 647.00 m2
The area of 451.00 m2
Commerce 121 m2
Garages/parkings 0
Apartments 7
Year/Repair 1903/2017
Income current 36.150,96 €
Income possible 46.068,00€
Price 480.000,00 €
The actual profitability of 7.5 %
The possible margin of 9.5%
The Commission of 5.95%
When you change the owner of the rent could be raised from 4.50 to 6.75 in € per square metre depending on the size and condition of the apartment. Thus, to achieve an annual income of up to 46.068,00 €.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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