549 000 €
549 000 €
Sale price | 549 000 € |
Price per square meter | 1 504 € |
Floor area | 365 m² |
Construction phase | Resale |
Date of construction | 1973/2023 |
Address | Germany, Kassel |
Location | within the city |
Profitability | |
---|---|
Annual return | 9.44 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
Annual income | 51 840 € |
Annual rental revenue, excluding operating expenses |
Apartment house for sale at 34314 Espenau (15 minutes from the University of Kassel).
The land area is 311 m2,
The living area of the house is about 365 m2.
There is a courtyard.
The building consists of 3 floors:
- on the 1st floor (EG) there is a one-bedroom apartment of about 59 m2, a studio apartment of about 37 m2 and a studio of about 22 m2 (all prepared for rent).
- on the 2nd floor (OG) there is a one-bedroom apartment of about 55 m2, a studio apartment of about 32 m2, and a studio of about 31 m2 (all prepared for rent).
- on the 3rd floor (DG) there are 2 one-and-a-half-room (duplex) apartments with a total area of about 105 m2.
A total of 8 apartments.
The work has been completed:
- The roof is covered, including the improvement and partial replacement of the rafter system;
- New water supply and sewerage system (pipes, installations, sanitary ware, etc.);
- Completely new electrics (a completely new board with a separate meter for each apartment, basic (introductory) meters, electrical appliances) installed in 2022-2023;
- Completely new infrared (economical) radiators with thermostats;
- The interstory ceilings have been replaced, additional sound and thermal insulation has been made;
- Completely new renovation in all apartments (floor, walls, ceiling, tiles, plumbing, doors, floor coverings, etc.);
- New IKEA kitchens in all apartments;
In the next month, work begins on the renovation of the attic floor.
Possible income after renting is 62400 euros per year
The commission for the buyer is +4.76% of the cost of the object.
Details on request.