ID: 1516
House

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

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€745,000
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb
Property for Sale in Leipzig, Saxony, Germany - Thumb

Enquire about this Property

Additional Information DESCRIPTION

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

 

Total Area – 586.10 m2

Residential Area – 480.10 m2

Commercial Area – 106 m2

Price – €745,000

Current revenues from the rent – €26,554.20 per year (up to €35,788.20 if fully rented)

Current Rate of return – 3.56% (up to 4.8% if fully rented)

Year built – 1898 (overhauled in 1996)

 

The property includes 10 residential apartments with 3 parking spaces and 1 commercial premise, all for rent. At the moment there are only 2 apartments available.

The property is located in the Paunsdorf district that is an eastern part 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: 480.1 m²
  • Total Area: 586.1 m²
  • Sale Price: €745,000

Financial Information

Price
€745,000
Rent Income per year
€26554.20
Rent Income per month
€2212.85
Profitability
3.56%
Payback
28 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: 480.1 m²
Total Area: 586.1 m²
Year Built: 1898
Floors in the building: 4
Parking: Yes
Parking Spaces: 3
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