$1,229,731

This apartment building is a solid investment in the station suburb of Brandenburg an der Havel. Both the city center and the main train station, with direct connections to Potsdam and Berlin, are within walking distance of the property. The Jakobsgraben, a branch of the Havel, is also in the immediate vicinity.The building consists of 11 residential units with apartment sizes between 22 m² and 88 m² spread over 5 floors. There is one 1-bedroom apartment, six 2-bedroom apartments, three 3-bedroom apartments and one 4-bedroom apartment. With the exception of one residential unit, all apartments are heated by gas-fired floor heating systems. The first floor apartments have their own terrace. Some apartments are equipped with fireplaces. The property was extensively modernized in 2007 with facade insulation and the installation of modern windows. A total of approx. 675 m² of living space is available.There is an unpaved parking lot next to the existing apartment building. This open space could potentially be developed with another apartment building. The entire plot has a size of approx. 933 m² and could be developed on an estimated additional 200 m². The property is located in the inner area of the city of Brandenburg an der Havel and can be built on in accordance with §34 BauGB. In the immediate vicinity there are mainly apartment buildings with up to five storeys.The apartment building is currently fully let. The monthly rental income (net cold) amounts to approx. € 4,300 including the rented parking spaces. The average rent is approx. 6.08 €/m² living space. The average rent in the surrounding area is approx. 7.50 €/m². The annual rental income is approx. €51,600 and can probably be adjusted to more than €60,000 per year through rent increases.Please contact us for further information.

Amenities

• Property Type: Multi Family
• Home size: 7,265 ft² / 674.93 m²
• MLS: 23165059
• Web ID: TSRAMQ
• Status: Available

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