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Beginning of the century building in Essen

Facts

Location: Essen

District: Altendorf

Street: Altendorfer Str. 382

Price: 595.000 €

Living Area: 519 m²

Number of floors: 4

Price per sqm: 1.146,00 €

Brokerage fee: 7,14 % inkl. 16% MwSt.

Net Rent monthly: 32.151,00 €

Year of costruction: 1913

Property-ID: D1006

Description

We are proud to present you this bargain property in the city of Essen, in West Germany. The city has a good university and infrastructures. From the building, it is possible within few minutes to reach downtown with public transportation. The building delivers yearly 32.000 Eur net rent, giving the owner a yield of 5,40%. The price is a bargain, around 915 Eur / square meter. There are 10 units in the building. 6 are residential, 4 commercial. One commercial-unit and one residential-unit are empty. If you like to buy cheap and looking for yield this is the right property for you, just give us a call for more information!

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