$743,832

This well-kept apartment building in the city center of Brandenburg an der Havel boasts a fantastic location and 7 rented residential units.The apartment building was built around 1900 and completely renovated and modernized in 1997. Extensive maintenance work and repairs have been carried out every year to maintain the appearance and value of the property. On the first floor is the hallway and two 2-room apartments. The first and second floors are divided into a 3-room apartment and a 2-room apartment respectively. The top floor was completely converted as part of the renovation work. The light-flooded attic apartment consists of two rooms, an open kitchen with dining area and a bathroom. The building is located in a listed area of the city of Brandenburg an der Havel.All apartments are currently let. The oldest rental agreement was concluded in 1998. The remaining rental agreements were concluded between 2018 and 2022. The rental income amounts to approx. € 2,340.80 per month and approx. € 28,089.60 per year. By adjusting to the local rent of around € 9.00/m² for existing apartments, the rental income can be increased to around € 3,024.00 per month and around € 36,288.00 per year.Please contact us for more information about the property.

Amenities

• Full Bathrooms: 7
• Property Type: Multi Family
• Home size: 3,616 ft² / 335.93 m²
• MLS: 23165083
• Web ID: Q3H2XW
• Status: Available

Area Detailed Information