You will love this residential building with commercial premises in Braunschweig , Lower Saxony federal land.
Price – €1,900,000
Land Area – 518 m2
Total Area – 1,176,000 m2
Residential Area – 891,000 m2
Commercial Area – 285,000 m2
Current revenues from the rent – €87,252 per year
Current Rate of return – 4.59%
Year Built - 1913
The property consists of 7 apartments and 2 commercial premises. Commercial premises are located on the first floor where a shop and sewing workshop is now. At the moment the building is fully leased.
The building is located in the city of Braunschweig that is the second largest city in Lower Saxony after Hanover. The population is 246,000 people. The Braunschweig region is an important European educational and scientific center. Since 2007 it a region with the most intensive scientific research and development. Also, in 2007, Braunschweig was honored to receive the title of "City of Science.
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Do not miss a unique opportunity to have residential building with commercial premises in Lower Saxony!
- Type of Property: Residential house with commercial facilities
- Property Type: Secondary market
- Status: Good
- Location: Braunschweig, Lower Saxony, Germany
- Living Area: 891 m²
- Land Area: 518 m²
- Total Area: 1176 m²
- Sale Price: €1,900,000