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449 000 €
449 000 €
| Sale price | 449 000 € |
| Price per square meter | 1 747.08 € |
| Floor area | 257 m² |
| Construction phase | Resale |
| Date of construction | 1962/2021 |
| Number of storeys | 4 |
| Address | Germany, Essen |
| Location | within the city |
| Profitability | |
|---|---|
| Annual return | 4.78 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 21 460 € |
|
Annual rental revenue, excluding operating expenses |
|
Income house in Essen-Borbeck, Germany
Income house for sale in Germany
The area of the house is 257 m2
The area of the land plot is 242 m2.
Behind the house there is a very beautiful, spacious terrace with an adjoining well maintained garden.
The house is heated by a new gas central heating system.
Since 2004 the whole house has been rented out to Heimstatt Engelbert, a social welfare service for young people and people with disabilities.
Currently, young people aged 16 to 27 live there, who are being prepared for independent living by competent teachers.
The net annual rent is currently 21,460 euros.
The furniture is of good quality, in all bathrooms, laminate or tile on the floor.
The roof has been recently insulated and re-roofed - in 2021.
Interesting and favourable rental investment in the beautiful Borbeck district of Essen.
Seller's brokerage commission +4,76% of the object value.
Transaction consulting +3,57% of the value of the object.
Details on request.
