Apartment house in city Hagen
420.00 sq.m., 4 bedrooms

€ 300 000
Profitable house Hagen (Hagen)



Area of ​​420 m²
Apartments 4
Year 1950
Plot of land 317 m2
Current income 23.160,00
Income possible 27.720,00 EUR
Price 300.000,00 EUR
Commission 5.95%

Profitability of the current 6.8% - 7.1%
Profitability is possible with the change of the host 8.2% - 8.5%
* (depending on who will change the heating on the 1st floor)


The house is located in a nice central area. Originally, the house was built in 1910. It was restored approximately in 1950.
The roof and heat insulation were replaced in 2000.
In 2016-2017 repair work was carried out in the apartments on the 3rd and 4th floors, heating was replaced and gas columns (Vaillant firms) were installed.


The area of ​​apartments:

1st floor - 100 sq.m.
2nd floor - 110 sq.m.
3rd floor - 110 sq.m.
4th floor - 100 sq.m.

Heating:

1st floor - stove (can be replaced by the seller or the new owner with a discount from the specified price).
2 floor gas through the installed in each room special appliances.
3 and 4 floor gas (in each apartment a new gas column by Vaillant).







Gas is supplied to each apartment. Therefore, to replace heating on the 1st floor will not be very difficult. Heating has not been replaced, because. the previous tenant was a forester and did not want to be cleaned with stove heating. Now it is evicted and it will be possible to replace heating. After installing the gas column, the apartment can be rented to a new tenant for 500-550 Euro.

Seller information

Seller type Agency
Company ROOMS

Location of the property on the map

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