Revenue house 1 623 m² in Recklinghausen, Germany

Germany, Recklinghausen
€2,18M
;

Location

  • Country
    Germany
  • State
    North Rhine-Westphalia
  • Region
    Kreis Recklinghausen
  • City
    Recklinghausen

Property characteristics

Building parameters

  • The year of construction
    The year of construction
    1985
  • Number of floors
    Number of floors
    5

Property parameters

  • Total area
    Total area
    1 623 m²

Investment params

  • Yield per year
    Yield per year
    6%

Description

Income house in Germany, in Recklinghausen
For sale income house, in the center of Recklinghausen.
The house was built in 1985 (reinforced concrete floors)
The house has 5 floors, there is an elevator.
The house is located on the main street, in the commercial center of the city.
A mix of residential and commercial uses, mostly with clinics in the commercial areas.
Renovations from 2018 to 2023 have been done:
4 apartments, 2 praxis, repairs of roofs and balconies
The total area of the building is 1623 m2:
- living area of 4 apartments 278,09 m2
- area of 6 commercial premises 1 345 m2
10 parking spaces
The house is rented out
Income per year at the moment: 131,723.46 euros (6.04%)
Annual income possible: 155,723.42 euros (7.14%)
It is possible to buy a house by purchasing a company with an existing loan. In this case, the required equity capital would be: 1,030,678 euros.
Annual return on invested capital 12.4% less interest on the loan.
Buyer's commission + 5.95% of the value of the object.

Posted at: 14/06/2024
Updated at: 14/06/2024

Location on the map

Germany, Recklinghausen
Ask all your questions
Send your request to the agent
Thank you! Your request has been accepted
I want to view this property. Is the price of the property relevant? I want more information about the property. What are the purchase conditions for foreigners? I want to see more photos/videos. Is it possible to buy with a loan/mortgage? Will I get a residence permit if I buy a property?
Back Leave a request Call
Similar properties