ID: 1578
House

Profitable object for sale Saxony, Waldenburg, Germany

Multi-apartment profitable house in Waldenburg. The current profitability 8.12%

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€385,000

Multi-apartment profitable house in Waldenburg. The current profitability 8.12%

Enquire about this Property

Additional Information DESCRIPTION
We would like to present you a multi-apartment profitable house in the city of Waldenburg in the state of Saxony. The building was built in 1800, and in 2017 major repairs were made. The object consists of 6 units, namely 4 apartments and 2 commercial premises, almost all are rented. Today, only 1 residential and 1 commercial premises are vacant.
The total area is 392.03 sq.m.
 
Living area - 233.45 sq.m.
 
The commercial area is 158.58 sq.m.
 
The price is 385 000 euros
 
The current rental income is 24,870 euros / year (an increase of up to € 31,272 / year is possible with full rental)
 
The current profitability is 6.46% (it is possible to increase up to 8.12% with full leasing)
 
Waldenburg is a city in Germany, in the land of Saxony. It is part of the Zwickau district. The population is 4375 people.
 
If you are interested in other properties, you can leave a request. The employees of our company will contact you in the near future and will provide you with the objects corresponding to your request.
 
Do not miss the opportunity to buy a profitable multi-apartment house in Saxony!
Additional Information PROPERTY DETAILS
  • Type of Property: Profitable object
  • Property Type: Secondary market
  • Location: Waldenburg, Saxony, Germany
  • Living Area: 233,45 sq m
  • Land Area: 301 sq m
  • Total Area: 392 sq m
  • Sale Price: €385,000

Financial Information

Price
€385,000
Guaranteed rent
Rent Income per year
€24870
Rent Income per month
€2072
Profitability
6,46%%
Payback
15.4
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

Balcony
Additional Information OTHER INFO
FEATURES
Profitable house in Germany
Commercial property in Germany
Commercial real estate in Germany

ATTRIBUTES

Living Area: 233,45 sq m
Land Area: 301 sq m
Total Area: 392 sq m
Year Built: 1800
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