ID: 1406
House

Mixed object for sale Thuringia, Arnstadt, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€431,335
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this building with commercial premises in Arnstadt, Thuringia federal land. The property includes 6 apartments, 2 commercial premises, and 6 parking spaces.

Year built – 1920 (overhauled in 1996)

Land Area – 545.00 m2

Commercial Area – 180.00 m2

Residential Area – 332.97 m2

Total Area – 512.97 m2

Revenue from the rent – €30,255.48 (up to €34,337.71 if fully rented)

Rate of return – 7.01% (up to 7.96% if fully rented)  

Price – €431,335.000

The building is located in the city center.

The property is fully leased except for one apartment (58 m2). The main tenant of commercial premises is the insurance company HUK-Coburg (contract since 2001).

Arnstadt town is a district center and is only 20 km from Erfurt - the capital of Thuringia federal land. Arnstad is an important industrial town.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

Do not miss a unique opportunity to have a building with commercial premises in Germany!

Additional Information PROPERTY DETAILS
  • Type of Property: Mixed object
  • Property Type: Secondary market
  • Status: Good
  • Location: Arnstadt, Thuringia, Germany
  • Living Area: 332.97 m²
  • Land Area: 545 m²
  • Total Area: 512.97 m²
  • Sale Price: €431,335

Financial Information

Price
€431,335
Rent Income per year
€30255,48
Rent Income per month
€2521,29
Profitability
7,01%
Payback
14,26 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6,5%%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Parking place
Apartment house
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 332.97 m²
Land Area: 545 m²
Total Area: 512.97 m²
Year Built: 1903
Floors in the building: 3
Parking: Yes
Parking Spaces: 6
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