Revenue house 1 259 m² in Rheinland-Pfalz, Germany

Germany
Archive cost €700,000
Sold or out of date
Updated at: 04/11/2023

Location

Country: Germany
State: Rheinland-Pfalz

Property parameters

Total area: 1 259 m²

Description

 Germany Rhineland-Palatinate. Kaiserslautern Dostiny house in the center of Prestigious central district of the city Year of building: 1960 In 2010, a complete renovation of the building was made: new facade, new windows, roof, new oil boiler, new oil tanks . In the building: 3 apartments, 2 terraces, 3 offices, 3 car repair shops, 1 car tuning workshop, car wash, exhibition hall, shop, warehouse, basement. 80 parking spaces around the perimeter of the building. Net income from rental per year: 70,000 € (10% per annum) taking into account all costs and taxes, the Territory is leased from the state, contract for another 65 years with the option of extension + 100 years Land area: 3099m2 Area of premises, leased: 1259m2 There are free storage facilities, which, if desired by the new owner, can be converted and leased, that will increase income.   Price: 700 000 € Possibility of obtaining VNZH on the basis of clause 21 for all family members (children under 18 years old)    

Features

  • Basement

Location

Germany