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6,36 % yield! MFH with 5 units in central location of Bad Driburg

Lange Straße 129, 33014 Bad Driburg – Nordrhein-Westfalen
500.000 €
6
Room
365 m²
Living Area
628 m²
Property
house
multi-family house

This multi-family house from the year of construction 1910 with 3 apartments and 2 commercial spaces on the first floor is located in an absolutely central location of Bad Driburg.
The house was renovated in 2004, the heating was renewed in 2008. All units are rented. To the house belong 3 parking spaces.

Are you interested in this house?

Object Number
OM-219405
Object Class
house
Object Type
multi-family house
Handover from
immediately

Purchase price & additional costs

purchase price
500.000 €
Purchase additional costs
approx. 39,365 €
Total costs
approx. 539,365 €

Breakdown of Costs

Purchase price 500.000 €
Real estate transfer tax 32,500 € (6.50%)
Notary costs 4,558 € (0.91%)
Land register entry 2,308 € (0.46%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,817 €

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.45%

Details

Condition
well-kept
Number of floors
3
Number of parking lots
3
Flooring
laminate, tiles
Heating
central heating
Year of construction
1910
Equipment
balcony
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Location

Bad Driburg is located in the district of Höxter, in the east of the state of North Rhine-Westphalia. The city of about 18,500 inhabitants is located on the eastern steep slope of the Egge Mountains in the Teutoburg Forest / Egge Mountains Nature Park. Bad Driburg is known for its spa, the Count's Park, glass production and wholesale as well as carbonic acid industry.
The house is located in a central yet quiet location of Bad Driburg. Doctors, stores, the train station, bus stops, stores and the pedestrian zone are within walking distance. Infrastructure (within 5 km): pharmacy, food discount, general practitioner, public transport.

Location Check

Einkaufen
50m
Sport
250m
Medizin
150m
Restaurants
50m
Natur
100m
Mobilität
100m
Kultur
200m
Nachtleben
200m

Energy

Final energy consumption
120.20 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
consumption certificate
Main energy source
gas

PDF

Miscellaneous

Cold rent p.a.: 31.800,-- €
Living space: 365 sqm
Property: 628 sqm
Fully rented
2x trade on the ground floor with 25 sqm and 50 sqm
basement area which is used for the business as a warehouse: approx. 126 sqm
3 ETW with 100 sqm + 120 sqm + 60 sqm each
rental yield: 6,36

The property was completely renovated in 2004.
The heating is from year of construction 2008

Broker inquiries not welcome!

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Offer from: SimplyINVEST 2.0 GmbH

Phone: 07544 967930