We are glad to offer you a well-maintained apartment building located in a very popular residential area of the city of Wernigerode (land - Saxony-Anhalt). The object was built in the mid-1960s on a plot of about 2 280 sq. m. and consists of 2 and 3 bedroom apartments. Each apartment has at least one balcony. Some apartments have a guest toilet and two balconies.
The last upgrade was carried out in 2018. At the same time facade, basement and floor ceilings were warmed, as well as the roof was renewed. Also installed new doors, pipes for water and heating, sewer pipes and gas heating with hot water.
The house is located on a quiet outskirts, not far from the old town. Walking with a beautiful view, shops nearby, a kindergarten and a school nearby, good public transport connections make this place very popular among city residents.
Price - 1 586 000 euros
The total area is 1,465 sq. m.
Rental income - 93 000 euro / year
Profitability - 5.86%
Wernigerode is a town in the Harz in central Germany. Its old town is characterized by half-timbered houses, including the medieval town hall and the “crooked house”. Wernigerode Castle is a museum on the outskirts of the city that overlooks the city. Harz’s narrow-gauge railway network connects Wernigerode to the Dry Annnon Hön station, from where the Brokenbahn steamboat departs for Brocken.
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Do not miss the opportunity to purchase a profitable apartment building in Saxony-Anhalt!