Revenue house 2 221 m² in North Rhine-Westphalia, Germany

Germany Federal Land North Rhine-Westphalia Bielefeld Income House in the city center Income House in the very center of the large city of Bielefeld (population more than 320 thousand people) In the building: office space, 2 apartments, a medical practitioner’s office, a retail store, and storage facilities. Currently, all rooms except one office 451m2 are leased. Year built: 1950 Complete reconstruction: 1978. Building condition: good Land area: 496m2 Useful building area: 2221m2 Distance: to the main station of the city - 700m, to the nearest airport - 60 km.   Income from rental per year (currently): 280,863 € (6.7 % per annum - gross, 5.1 % per annum - net) It is possible to obtain a loan in the amount of 2 500,000 € under 2 % per annum. Return on equity subject to the purchase of an object using credit funds: 9.6 % per annum Price: 4 200 000 €