$747,980

This apartment building with four residential units was built around 1955 on a plot of approx. 679 m². With its four rented residential units on a total of approx. 254 m² of living space and a rental yield of approx. 4.4 percent, it represents a solid capital investment. The two first floor apartments each have approx. 65 m², the two upper floor apartments approx. 62 m² each. The first floor apartments are basically identical in construction, as are the upper floor apartments. The house has been continuously maintained in the past. For example, the roof has been renewed, the exterior walls insulated, the windows replaced, the bathrooms refurbished and other renovations carried out. The house has a partial basement. Each residential unit has a cellar room in the basement. There are also communal rooms. The four gas heating systems, which date from around 2015/16, are also located in the basement. The property currently generates monthly net rental income of approx. 2,401 euros and annual net rental income of approx. 28,812 euros. The tenancies have been in place since August 2021, March 2023, April 2023 and March 2024. The tenancy concluded in August 2021 was adjusted in November 2023. Otherwise, there have been no rent adjustments to date. If you are interested, we look forward to hearing from you and will be happy to arrange a viewing appointment with you. Our VON POLL FINANCE specialists will be happy to advise you on all questions relating to real estate financing and will certainly prepare highly competitive comparative offers for you - highly recommended, especially in view of the current market situation.

Amenities

• Bedrooms: 8
• Full Bathrooms: 4
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1955
• Built in 1955
• Home size: 2,734 ft² / 253.99 m²
• MLS: 25026041
• Status: Active