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Commercial apartment house in Naumburg
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Location:
Naumburg is located in the State of Saxony-Anhalt. The population of the city is about 35 000 people. Naumburg occupies the space of 76 sq.km.

Price 1 420 000 EUR
Sold
Plot area1750 m2
Property area1700 m2
Year built1930
Year of modernization2006
Rented outyes
Number of residential units33
Current year’s income115 000 €
Full year’s income115 000 €
Actual yield8.1%
Potential yield8.1%


Purchase costs
Notarization21 300 €
Purchase tax71 000 €
Brokerage commission (6% excl VAT)85 200 €
Total177 500 €
Property description:

The facility was built in 1930 and renovated in 2006. The three-storyed building have different kind of apartments, which are leased and bring the stable income. The object is situated in a good and quiet area, near the center. There is all necessary infrastructure nearby.

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