Commercial apartment building in Plauen, Germany, 414 m²

Germany. Plauen. High-yield apartment building.
Apartment building in 08525 Plauen, 414 m² (plot 330 m²)
Property ID: 18022
Online viewing
Remote purchase
€230,000
€556/m²
Property type: Apartment buildings
Construction dates: 1910 and 1995
Floors: 1-2-3-4 and 1-2
Total area: 414 m²
Property status: Partially leased
2 buildings, 9 apartments
Actual annual income: €18,533.52 (8.05%)
Potential annual income: ~€27,000 (11.73%)
Land area: 330 m²
Two buildings are located on the plot. Total area: 414 m²
Of which:
• Main house (1910): 291 m²
• Courtyard house (1995): 123 m²
The courtyard portion of the property is relatively modern and has a higher value.
A total of 9 comfortable apartments are located in the two buildings.
Only 2 apartments are currently unrented.
Actual income: €18,533.52 (8.05%)
Possible income if fully rented and the rent increased to market values: €27,000 (11.73%)
Buyer commission is 3.57% of the property price.
Details upon request.
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