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Multi house in Sachsen
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Location:
Apartment house located in a small cozy town in Saxony . Saxony - the easternmost state in Germany . She has a long industrial tradition. The biggest cities - Leipzig ( 510 th. Inhabitants) , Dresden ( 480 thous . Inhabitants) and Chemnitz ( 250 thous . Inhabitants) .

Price 124 000 EUR
Sold
Plot area253 m2
Year built1898
Year of modernization1996 - 2015
Facility which is subject to protect as monumentyes
Rented outyes
Number of residential units4
Number of commercial units0
Rentable area312,61 m2
Current year’s income12 761 €
Full year’s income12 761 €
Actual yield10.29%
Potential yield10.29%


Purchase costs
Notarization1 860 €
Purchase tax4 340 €
Brokerage commission (6% excl VAT)7 440 €
Total13 640 €
Property description:

The house is the architectural value of the city. Built in 1898 the building in 1996 was upgraded , in apartments and technical equipment of the house. As part of the modernization of the updated roof, windows , plumbing, electrical and heating. In 2015 the house was resettled for rehabilitation facility . At the moment all apartments are leased out

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