ID: 1515
House

Residential house with commercial facilities for sale Saxony, Leipzig, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€1,080,000
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this residential building with commercial premises in Leipzig, Saxony federal land.

 

Total Area – 659.53 m2

Land Area – 740 m2

Residential Area – 570.53 m2

Commercial Area – 89 m2

Price – €1,080,000

Current revenues from the rent – €35,756.28 per year (up to €40,249.08 if fully rented)

Current Rate of return – 3.31% (up to 3.73% if fully rented)

Year built – 1900 (overhauled in 1995)

The property includes 10 residential apartments and 2 commercial premise, all for rent. At the moment there are only 1 apartment available.

The property is located in the Plqagwitz district. It is one of the nicest districts of Leipzig. Both, the residents and the tourists enjoy this neat and clean district with its XIX century buildings.

 

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 residential building with commercial premises in Leipzig!

 

 

 

Additional Information PROPERTY DETAILS
  • Type of Property: Residential house with commercial facilities
  • Property Type: Secondary market
  • Status: Good
  • Location: Leipzig, Saxony, Germany
  • Living Area: 570.53 m²
  • Land Area: 740 m²
  • Total Area: 89 m²
  • Sale Price: €1,080,000

Financial Information

Price
€1,080,000
Rent Income per year
€35756.28
Rent Income per month
€2979.69
Profitability
3.31%
Payback
30.2 years
Installment
Mortgage

Purchase Cost

Agency commission
7.14%
Tax on the purchase
3.5%
Services notary
1%
Inventory
0.5%
Rental services
Services of the management company

Facilities

Apartment house
Additional Information OTHER INFO

ATTRIBUTES

Living Area: 570.53 m²
Land Area: 740 m²
Total Area: 89 m²
Year Built: 1900
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