$818,568

Capital investment: commercial unit with 5.1% yield With its extensive facilities, this property offers an excellent investment opportunity in a popular residential area. It is a fully let apartment building that was built in 1967 and extensively renovated in 2016/17. The total area of approx. 294 m² is divided into 2 residential units, a store area, cellar rooms and a garage incl. cellar. The plot area comprises approx. 420 m² with the house and garage. The annual cold rent is approx. 35,676 € and thus achieves a yield of approx. 5.1%. The property is therefore ideally suited for both private and commercial use. The refurbishment measures included the renewal of the electrics, radiators, doors and floor coverings, which were replaced with modern laminate. The façade was also redesigned and the rain gutters and downpipes were also renewed. The balcony was extensively renovated. The attic has been fully converted. The basement area of the house has also been renovated, providing additional storage space. A separate double garage with basement (separate plot) with renewed electrics, roof, gutters and downpipes completes the offer. Ample parking is provided, as the property has a total of eight outdoor parking spaces. These are ideally suited to the needs of tenants and visitors to the building. This property is particularly interesting for investors who want to benefit from a fully let and well-equipped complex. The division into two residential units and a commercial space as well as a separate garage offers a wide range of possible uses. Arrange a viewing today to see this property for yourself and discover the many possibilities offered by this apartment building.

Amenities

• Bedrooms: 4
• Full Bathrooms: 2
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1967
• Built in 1967
• Home size: 1,550 ft² / 144.00 m²
• MLS: 25177018
• Status: Active