Revenue house 365 m² in Hohenkirchen, Germany

Apartment house for sale in 34314 Espenau

The site address is Kasseler Str., 34314 Espenau (15 minutes from the University of Kassel).

The area of the land is 311 m2, the living area of the house is about 365 m2.

There is a courtyard.

The building consists of 3 floors:

- on the 1st floor (EG) there is a two-room apartment of about 59 m2, a one-room apartment of about 37 m2, and a studio of about 22 m2 (all ready, rented out).

- on the 2nd floor (OG) there is a two-room apartment of about 55 m2, a one-room apartment of about 32 m2, and a studio of about 31 m2 (all ready, rented out).

- on the 3rd floor (DG) there are 2 one-and-a-half-room (two-level) apartments with a total area of about 105 m2.

Total = 8 apartments.

Work completed:

- The roof has been re-roofed, including improvement and partial replacement of the rafter system;

- New water supply and sewerage system (pipes, installations, sanitaryware, etc.);

- Completely new electrics (completely new switchboard with a separate meter for each apartment, main (input) meters, electrical appliances) installed in 2022-2023;

- Completely new infrared (economical) heating radiators with thermostats;

- Interfloor ceilings have been replaced, additional sound and heat insulation has been made;

- Completely new renovations in all apartments (floors, walls, ceilings, tiles, plumbing, doors, flooring, etc.);

- New IKEA kitchens in all apartments;

Work on the renovation of the attic floor will begin in the coming month.

The expected (planned, after the completion of the attic floor) rental income is about 62400 euros per year

Commission for the buyer +4.76% of the cost of the property.

Details on request.