$268,713

Listing currency: €229,000

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Nordenham / Einswarden, Germany 26954

In the Einswarden district of Nordenham, there is an opportunity to acquire this apartment building as an investment. The house was originally built around 1908 and has four residential units. It has not yet been divided according to WEG. Three of the four residential units are currently rented out. The apartment on the second floor on the right is currently vacant. The top floor was extended in around 1971 and the original plan was to expand it to five residential units. However, this was never realized. The top floor is now available for communal use. The bathroom in the residential unit on the 1st floor on the left was renovated around 2023. The entire building was repainted in the last three years or so. The apartments are each heated by a floor heating system. These date from approx. 1995, 2011 and 2021. The monthly net rental income (actual) is approx. 853 euros, the net rental income p. a. (actual) approx. 10,236 euros. The tenancies have been in place since approx. 2015, 2016 and 2022 respectively. There have been no rent increases to date, meaning that the net rental income can be increased. The net rental income p. a. (target) of around EUR 14,831 is based on the basic rent index 2024 of the Wesermarsch district and would correspond to a yield of 6.47 %. The house has a basement. A cellar room is available to each tenant in the basement. To protect privacy, no interior photos of the rented residential units have been published. If this house has piqued your interest, do not hesitate to contact us now. We will be happy to arrange a joint viewing appointment. Our VON POLL FINANCE experts will be happy to answer any questions you may have on the subject of real estate financing and will prepare highly competitive comparative offers for you in view of the current market situation.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1908
  • Built in 1908
  • Home size: 2,475 ft2 / 229.93 m2
  • MLS: 24026077b
  • Status: Active

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 441 - 99 84 05 0 (Office Phone)

Contact VON POLL IMMOBILIEN Oldenburg

Contact Agent


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